In a significant move for the cryptocurrency world, the Shiba Inu (SHIB) token has seen a massive burn of 1,695,572,371 tokens. This substantial transfer has been completed by sending the tokens to a “dead wallet,” effectively removing them from circulation. This development is significant for several reasons. First and foremost,
The Shiba Inu burn initiative is one of the prominent developments by the meme coin team. The burn initiative was put in place to reduce the circulating supply and induce a price hike in the long term. The burn rate that had been on the downhill run over the past
Due to a substantial decrease in burns from the day before, the Shiba Inu (SHIB) burn rate has decreased by up to 99% in the last 24 hours. According to data 1,993,024 SHIB tokens were sent to dead wallets in total. On May 2, there was a single transaction of
The burn rate of Shiba Inu (SHIB) enormously rose to 30929.3% in the last 24 hours. A single giant transaction initiated the burn of 1,494,278,561 SHIB, worth $16,885 at press time. The official SHIB burn tracker, Shibburn, detected this burn activity at 07:14:59 UTC. As per the portal, at the
SHIB HODLER, who has 401.3K followers on Twitter, recently announced that Shiba Inu burned over 1.1 billion SHIB tokens in a single transaction within the last 24 hours. This means that the tokens were permanently removed from circulation, thereby reducing the total supply of SHIB tokens. BREAKING‼️1.1 billion $SHIB burnt
SHIB is near the support level, a dip below can take it back to $ 0.000006603. Over 50 million SHIB were burned in the last 24 hours. Shiba Inu (SHIB), the meme-coin is in decline over the past month and the Ethereum merge has fueled the descent. Many altcoins are
651k Shiba Inu (SHIB) tokens have been burnt in the past 3 hours. Shiba Inu is down by 2.64% in the last 24h. According to the recent tweet from SHIB Burn, the blockchain’s native burn tracker system, 201,786,888 Shiba Inu (SHIB) tokens were burnt in the last 24 hours. This
