The recently established Koyo token project burned 1.49 billion SHIB tokens, causing its burn rate to soar over 30,000%. CryptoGlobe reported that a huge SHIB whale just increased its holdings to almost 5 trillion tokens by purchasing an additional 171.68 billion SHIB for $1.88 million. IntoTheBlock reported that a sizable amount of SHIB tokens is now held by long-term investors, with owners who have held onto their tokens for more than a year controlling close to 70% of the token’s circulating supply.
Shiba Inu Burn Rate Skyrockets Over 30,000% Following Massive 1.49 $SHIB Transaction
