Shiba Inu Community is still committed to increasing the value of its unique token while lowering the supply of SHIB.
Shiba Inu (SHIB) burnt over 27.61 million times in the last 24 hours, 14.37 million of which came from a single wallet.
In 10 different transactions, the Shiba Inu Community-led burn initiatives have permanently removed 27,613,608 (27.61M) SHIB from circulation.
In the past 24 hours, there have been a total of 27,613,608 $SHIB tokens burned and 10 transactions. Visit https://t.co/t0eRMnzx3T to view the overall total of #SHIB tokens burned, circulating supply, and more.
— Shibburn (@shibburn) March 23, 2023
The day’s most significant burn transaction originates from the enigmatic wallet. The wallet sends 14,371,980 (14.37M) SHIB to the burn addresses in a reliable transaction.
Related: https://fxcryptonews.com/massive-shib-token-burning-initiated-by-koyo-and-coinbase-10/
Shiba Inu Burns
Despite the extensive burn, Shiba Inu has decreased by 0.85% during the past day.
In the last 7 days, Shiba Inu Community burned 1.78B+ SHIB over several transactions.
🔥 14,371,980 $SHIB -> transferred to dead wallet. https://t.co/9pcympZ8my
— Shibburn (@shibburn) March 22, 2023
Yesterday, a newly released coin named Koyo (KYO) delivered an astounding 758,951,740 (758.95M) SHIB to the dead wallet in a single transaction, making it the most significant burn transaction ever.
Since March 10th, Koyo has actively contributed to the Shiba Inu burn, helping to burn a staggering 5,364,203,658 (5.36B) SHIB to date.
Shiba Inu’s current live price is $0.000011, and its 24-hour trading volume is $314,979,998.
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