Shiba Inu [SHIB], one of the market’s prominent memecoins, noted some exponential growth in its burn rate recently. Especially as it hiked by over 2,400% in the last 24 hours, proving its deflationary characteristic to the community.
Source: Shibburn
This milestone was reached just a few days after the launch of the much-awaited Shibarium. If that was not enough to create hype, SHIB also participated in the recently held SXSW event. In the event, SHIB highlighted its Metaverse, one where participants were able to have a look at SHIB the Metaverse closely.
<p lang=«en» dir=«ltr» xml:lang=«en»>The Ready, Set, Metaverse! was full of Woof!The panel explored the incredible opportunities for #ShibTheMetaverse, as immersive technology enhances the ability for Shiba to build a Metaverse that has a sustainable community.
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