The Shiba Inu community has witnessed a dramatic increase in the SHIB burn rate over the past 24 hours. Meanwhile, project leader Shytoshi Kusama remains absent from social media, raising questions among the community.
SHIB Burns Spike Dramatically
According to the Shibburn website, the SHIB burn rate surged by 49,552% in the past day, although the total number of burnt tokens was only 13,290,880 SHIB. Four burn transactions contributed to this result, with the largest burning 12,131,978 tokens.
Unexpected Changes by SHIB Leader
SHIB's mysterious leader, known as Shytoshi Kusama, has not been active on the X platform since February 21. Community members are becoming concerned as his presence was previously trackable through geolocation changes in his profile.
Comments from SHIB Representative
The head of marketing for SHIB, Lucie, claims that Kusama's absence is due to his efforts in promoting the project and expanding the community globally. Last year, Kusama announced a $12 million fundraise for developing a new solution on Shibarium.
The Shiba Inu community actively discusses the sharp rise in the burn rate and the leader's absence on social media. Meanwhile, SHIB representatives are confident in the project's continued development.
