Half Billion SHIB Burnt by Shiba Community: Report

article image

Yuri Molchan

Track live crypto price of 10000+ coins!

Another impressive stash of Shiba has been sent to unspendable wallets but the price continues to go down

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

In a recent tweet, Shibburn crypto tracking platform stated that in the past 24 hours, nearly half a billion Shib tokens have been shifted to dead addresses to be forever removed from the circulating supply.

Nearly billion Shiba Inu coins destroyed

As per a recent tweet, since last morning, a total of 440,626,338 of Shiba Inu canine tokens was moved to wallets from which they cannot be spent, taking 55 transfers.

Related:  The Crypto “Implosion” Won’t Stop Below $1T, Says Jim Cramer

Within a few hours after this report, another 32,650,000 SHIB was burned in merely 2 transactions, according to Shibburn.


Despite regular massive burns, the second biggest meme token is trading minus 2.79 percent over the past 24 hours, dropping to $0.00001157.

Download MAXBIT Android App, Your best source of all crypto news!

Google Play

Source link

Share this article: