.Shibtoken ShibaInu promises no quiet days for the community this week as ETHToronto is about to start. $SHIB SHIBburn
During the conference, Shytoshi Kusama and the SHIB team are likely to finally launch theOver the past week, the second largest meme coin SHIB demonstrated an astonishing rise of almost 24%, peaking at $0.00001122 on Saturday, Aug. 12.
Some users within the SHIB army reckon that this wallet could belong to Tangem – the Swiss-based company that produces cold crypto wallets for self-custody, which partnered with Shiba Inu earlier this year to begin making cold SHIB wallets. Last week, Tangem stated that they were prepared to convert 5% of the profits from selling those SHIB wallets into Shiba Inu and burn those tokens. Last week, they stated that they were prepared to burn 3,524 USDT, which is equal to roughly 337,224,880 SHIB.
Along with this massive burn of SHIB that took place in the past day, last week's burns also look quite impressive. According to the Shibburn tracker, within the last seven days, a total of 1,164,755,557 SHIB were transferred to dead-end SHIB addresses.
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