I found it interesting to note that the SHIB token burn recently hit a very significant milestone - half of the circulating supply was permanently removed from circulation. It's like a long-term effort by the community that finally showed concrete results.



Now, looking at the March numbers specifically, the story is a bit different. At the beginning of the month, there were two very noticeable peaks - on February 28th, 84 million SHIB were burned, then on March 15th, another 54 million left circulation. But then, activity slowed down quite a bit. Until March 25th, there was still activity with 15 million burned, but afterward, it plummeted - down to just 906 SHIB in one day. Participation weakened significantly as March ended. No one from the main team explained the reason, but it makes sense that community-driven burns are so volatile.

In parallel, the Shibarium (the project's blockchain) underwent a heavy backend update and reindexing. After that, it entered stabilization. These technical processes temporarily affect performance - the transaction volume dropped from 10,940 per day (peak on March 26) to 1,230 in the following days. But this is expected during maintenance.

In summary, despite the recent slowdown in token burning, Shiba Inu continues with its impressive long-term numbers. It's interesting to follow how the community remains engaged with token burning today.
SHIB-1.99%
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