SHIB Burns Plummet 75% as Shiba Inu Retreats to Top 19 Spot

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SHIB Burns Plummet 75% as Shiba Inu Retreats to Top 19 Spot
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Hundreds of millions of $SHIB burned last week, while the price goes up 5.45%. Shibburn Shibarium

Shytoshi Kusama talks about"launch strategy"

Last week, in a Telegram channel"Shibarium Tech," the pseudonymous leader of the Shiba Inu meme coin team, Shytoshi Kusama, mentioned a"Shytoshi hinted that there is already a set date and plan for the launch and he cannot change it, despite some users asking him to accelerate. Shytoshi also spread the word that SHIB was"going somewhere" outside the USA.

Some SHIB users believe that Kusama meant Canada, to take part in the ETHToronto conference, which is to take place on Aug. 15-16 in Toronto this year. This may be the"plan" and"date" hinted at by Kusama when he stated that"everything is already set" and cannot be changed.During the past 24 hours, the popular meme coin based on Shiba Inu memes, SHIB, has demonstrated a marginal rise of 2.15%, now changing hands at $0.00000770.

Over the past few days, i.e., since Friday, June 30, until now, SHIB has added 5.26% to its market value.

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