In the last 24 hours, more than 154.89 million Shiba Inu (SHIB) have been permanently removed from commerce.
In the past 24 hours, there have been a total of 154,899,021 $SHIB tokens burned and 5 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy
— Shibburn (@shibburn) October 12, 2022
Read: Shiba Inu Team to Publish Shiba Eternity Playing Instructions
In a single transaction, the anonymous wallet burned 135.89 million SHIB, sending Shiba Inu’s burn rate rocketing nearly 425% higher than it was the previous day.
🔥🔥 135,896,208 $SHIB -> transferred to dead wallet. https://t.co/vW9njqctCo
— Shibburn (@shibburn) October 11, 2022
Read also: Shiba Inu Whale Sends 1 Trillion SHIB In Anticipation For Game Launch
In contrast, Shiba Inu has formally ended its partnership with Ryoshis Vision with regard to the official SHIB Burn Portal. The team made it clear that Ryoshis Vision will no longer be used to power SHIB Burn Portal, which will now instead be run by Shiba Inu’s internal development team. SHIB Burn Portal will still function as part of ShibaSwap.
Olasunkanmi Abudu
Olasunkanmi Abudu is a Web3 content writer with over five years of experience covering blockchain, decentralized finance, and digital assets. He specializes in producing well-researched and accessible content that explains complex technologies and market trends to both general readers and industry professionals.






