Over 27.93 million Shiba Inu (SHIB) have been burned in the last 24 hours, with 21.53 million coming from a single significant transaction.
Shiba Inu’s Burn Saga continues, with the SHIB Army collectively removing 27,939,968 (27.93M) SHIB from circulation forever in seven separate transactions over the last 24 hours.
Today’s Burn Transaction
The mysterious wallet carrying $2.80 Million in Shiba Inu carries the day’s most significant burn transaction. According to Shibburn.com, the wallet sent 21,537,303 (21.53M) SHIB to the “inferno” address in a single transaction.
According to Etherscan.io data, the transaction occurred on December 20th at 08:00:11 AM +UTC. Following the massive burn transaction, the unknown wallet is left with a massive SHIB worth $2,805,111 ($2.80M) of 337,152,826,306 (337.15B).
Related Article: Burn Rate Rises by 1000%; 135M Shiba Burnt in 24 Hours
As the Shiba Inu Community continues to burn millions of SHIB daily, the SHIB lead developer, Shytoshi Kusama, keeps hinting at the possibility of Shibarium Beta being released soon. As previously reported, Shytoshi Kusama stated in a recent telegram message, “Beta is near for Shibarium.”
Top developers, on the other hand, have recently taken the first mandatory step toward the potential launch of the much-anticipated Shibarium – Layer 2 solution. The Shiba Inu team launched an updated version of the Shiba Inu token’s official website to educate the SHIB Army about the Shiba Inu Ecosystem by compiling all of the necessary information in one place.