Saturday, February 4, 2023
HomeCrypto NewsShiba Inu44M Shiba Inu Burnt in a day;  Mysterious Wallet Burns 10M

44M Shiba Inu Burnt in a day;  Mysterious Wallet Burns 10M

- Advertisement -

In the last 24 hours, more than 44.32 million Shiba Inu have been burnt, including 10.67 million in a single transaction.

In the last 24 hours, Shib Army delivered a staggering 44,328,245 (44.32M) SHIB to the deceased wallets through 11 different transactions.

The mysterious wallet carried out the day’s largest burn transaction. 

According to statistics from Etherscan.io, the unknown wallet recently completed a significant transaction that permanently removed 10,674,214 (10.67M) SHIB from circulation.

As the unknown wallet still has a staggering 326,307,743,664 (326.30B) SHIB worth $3,050,977 ($3.05M), additional SHIB may be burned in the following days.

1Cent Executed the Second Big Burn of the Day

The second significant burn transaction of the day was carried out by “1Cent,” the most well-known community-led SHIB Burn activity. 

In a single transaction, 1Cent Token’s Weekly Burn Event recently destroyed 3,909,602 (3.90M) SHIB. 

The transaction was carried out roughly 11 hours ago, according to Etherscan.io.

Also, In a subsequent transaction, 1Cent token also reported burning 45 Bone ShibaSwap (BONE). 

The much-anticipated Shibarium Protocol will use BONE as a native Gas token as the governance token of the Shiba Inu Ecosystem.

Despite the severe burns, Shiba Inu is losing money. With a 24-hour trading volume of $182,094,481 ($182.09M), SHIB is currently trading at $0.000009349, down -4.51% from the previous day.

- Advertisement -
RELATED ARTICLES
- Advertisment -spot_imgspot_img

Most Popular