SHIB Burns Skyrocket 41,016%, Millions of SHIB Disappear in Flames

Key Points

1. The SHIB burn rate increased by 41,016.02% in 24 hours, with significant amounts of SHIB tokens burned.

2. Two major transfers removed 1,000,000 and 850,808 SHIB from circulation, while weekly burns totaled 111,334,233 SHIB despite an 89.53% decrease in burn rate.

3. The SHIB price showed volatility, forming a potential Bull Flag pattern, aligning with the release of the SHIB AI whitepaper by lead developer Shytoshi Kusama.

4. Kusama's whitepaper presents a cyberpunk-themed vision of AI's deep integration into human life.