Thu, November 28

216 Million Shiba Inu (SHIB) Tokens Burnt in 24 Hours

Shiba Inu and its Quick Access in the Robinhood Platform Altcoin News
  • Shiba Inu (SHIB) price increased by 3.30% in the last 24 hours.
  • Total of 4 most significant burning transactions were placed within 24.

SHIB BURN, the blockchain native burn tracker stated that, in the last 24 hours, 216,301,162 Shiba Inu (SHIB) tokens were burnt  through 15 transactions by an anonymous wallet. 

The total 4 most significant burning transactions were placed within 24 hours the amount of burnt SHIB is 192,922,893. 

An anonymous wallet transferred 80,000,000 SHIB tokens to the dead wallet in a single transaction, according to the official SHIB Burn website, the transaction was recorded today at 03:32:00 AM +UTC.

According to SHIB BURN, 50,000,000 SHIB were sent to a dead wallet at  00:54:31 AM +UTC and  52,170,994 SHIB was Burnt at 19:29:35 PM +UTC. One more significant transaction was recorded, 10,751,899 SHIB and was sent to a dead wallet.

BONE Upgrade for Shibarium Protocol 

Shiba Inu developers announced the SHIB community vote for BONE the governance token of the Shiba Inu ecosystem. The vote seeks to make Bone ShibaSwap (SHIB) the ‘gas’ of the Layer-2 solution Shibarium Protocol. 

This means all the transactions necessary to take place on the Shibarium protocol, Shibarium is a layer-2 protocol developed by Shiba Inu developers. It will provide passive income to investors, this will be one of the benefits of the ShibaSwap platform.

According to CMC, Shiba Inu traded at $0.000008 with a trading volume of 244,063,966 USD and SHIB is up 3.30% in the last 24 hours. As of now, Shiba has a market cap of $4,547,206,198.

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A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.