Over Half Billion SHIB Burned in Quiet Shiba Inu Week: Details

• Over half a billion SHIB tokens were burned in the past week, representing a slight increase in the weekly burn rate.
• In the last seven days, 570,455,129 SHIB tokens were burned in 110 transactions, amounting to $4,083.
• However, the daily burn rate has decreased in the past 24 hours, with 86,429,656 SHIB tokens burned in 18 transactions.
• Shiba Inu experienced a steady rise after reaching lows of $0.00000696, rallying for four consecutive days before encountering resistance at $0.00000757.
• SHIB is currently down 2.14% in the last 24 hours, trading at $0.0000073.
• Shiba Inu developers have initiated the process of renouncing the BONE contract, which involves a two-step process using a timelock contract controlled by a decentralized multisig wallet.
• On September 16, Shiba Inu saw a large-holder inflow of 305 billion SHIB, surpassing the previous day's inflow of 110.82 billion SHIB.
• Large holder inflows for SHIB have increased by 91.32% in the last seven days, and large holder netflows are up 148%.

The sentiment of the article is mostly neutral, providing factual information about Shiba Inu's token burns, price movements, and developer initiatives.