As per the ShibBurn data, the Shiba Inu coin burn rate is down by 41% in the last 24 hours. The burn rate coin declines despite the massive transfer of SHIB among whale wallets. Recently, SHIB developer ‘Shib Trophias’ shared an update about the project’s completion without naming it. The developer also stated that the project will be launched in phases to aid in the content flow. SHIB transfer from one wallet to another can be linked with the recent announcement.
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