Shiba Inu Adds 10k Fresh Holders As 41M SHIB Burnt In a Day

Nine transactions totaling 41,452,234 (41.45M) SHIB were made by admirers of the Shiba Inu in the last 24 hours.

SHIB Super Store

The most widely recognized Shiba Inu burn project, called “SHIB Super Store,” burned 32 million SHIB in a single transaction.

According to a recent revelation from SHIB Super Store, Travis Johnson, a game developer, used the official SHIB Burn Portal to transfer a whopping 32,314,923 (32.31M) SHIB to the dead wallet in one single transaction. SHIB Super Store provided the community with screenshots of the SHIB Burn Portal as “Proof of Burn” after the Burn Event.

Read article: New Shiba Inu Website Launched by Developers Crew

Burn Rate

The aforementioned burn transaction only led to a 32.87% increase in Shiba Inu’s burn rate over the last 24 hours.

Shiba Inu Burn Rate Surges Almost 33 Percent in the Past 24 Hours

Fresh Holders

On the contrary, the Shiba Inu’s Community is still expanding as the number of the cryptocurrency’s current owners grows to 1,267,070 (1.26M), an increase of 0.017% over the previous day. Data from Etherscan.io shows that 10,410 new holders have joined the Shiba Inu Community just in the last two weeks.

Shiba Inu Holder Count Rises to 1.26 Million

The SHIB’s widespread adoption across the globe continues in response to this increase of holders. Aston Marton Washington D.C., a luxury car dealer in Virginia, recently added BitPay support for Shiba Inu. Fxcryptonews previously revealed that more than 1.80 million CMC users have Shiba on their watchlists and are monitoring current SHIB price trend on CoinMarketCap.

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.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

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