Over the last seven days, Shibburn, a Shiba Inu burn rate tracker, reported that a total of 1.7 trillion SHIB tokens have been burned in 20 transactions.
The total amount of SHIB tokens burned now amounts to 410 trillion from the initial supply of 1 quadrillion SHIB, indicating that over 40% of the starting SHIB token supply has been burned.
The increase in burn rate comes as Linda Yaccarino, the newly appointed CEO of Twitter, has been spotted following the Shiba Inu meme coin on the social media platform.
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