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161M Shiba Inu Burnt In 24 Hours, 1.27B Within 7 Days, Let’s See Who Is The Top Burner

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1.27 Billion Shiba Inu (SHIB) Burnt within the Last 7 Days and 161 Million During Last 24 Hours.


 

Over the past few weeks, billions of Shiba Inu (SHIB) have been taken out of circulation forever. This week too, a whopping total of 1,279,839,897 (1.27B) SHIB tokens have been sent to the dead wallet, and 161 million in the past 24 hours.

Shibburn.com recently reported 84 transactions towards the dead wallet during the last week, through which 1,279,839,897 (1.27B) dog-themed token has been taken out of circulation by community-led burning initiatives.

Travis Johnson’s SHIB Burn Games (Top SHIB Burner of the Week):

Travis Johnson’s SHIB burn games make their way to become the top burner of the week, as it has taken out a total of 328,089,390 (328.08M) SHIB tokens, worth $8,490 from the circulation forever through a single large transaction.

Since November 2021, the project has earned total revenue of $45,912 through apps, which was used to burn a whopping 1,698,186,364 (1.69B) SHIB, as per the Burn data provided by the official website of Travis Johnson SHIB burn games.

ETH SHIBA FLASH BURN EVENT:

ETH SHIBA managed to take the second spot as the top SHIB Burner of the week. ETH SHIBA is one of the newly emerged tokens, and it has organized the FLASH BURN EVENT on Tuesday (12th April 2022). Through this event, the team behind the token has taken out 300,123,501 (300.12M) SHIB from circulation forever through one significant transaction.

Overall, the ETH SHIBA has burned more than 2 billion SHIB since one month of its inception.

1CENT Weekly BURN EVENT:

Following Travis Johnson’s SHIB burn games and ETH SHIBA, 1CENT was the third-biggest burner of the week.

1CENT organized its Weekly Burn Event last Monday. Through this event, the newly emerged token could take out 145,686,435 (145.68M) SHIB from circulation forever through one large transaction.

Overall, since one month of its birth, the 1CENT has burned 1,311,802,045 (1.31B) SHIB from circulation.

Readers should note that ETH SHIBA and 1CENT tokens have no official relation with the SHIB ecosystem or its team. Only SHIB, BONE, and LEASH are part of the Shiba Inu ecosystem. Therefore, investors should research before investing in such kinds of tokens.

Past 24 Hour Burn:

Besides weekly burn, 161,870,784 (161M) SHIB tokens have been reportedly sent to dead wallets through 5 separate transactions by the community-led burning initiatives within the last 24 hours.

The single largest burn transaction included 158M coins.

 

Current Circulating Supply:

As per data provided by Shibburn.com, a total of 410,312,981,378,284 (410.31T) Shiba Inu has been burned from the initial supply of 1 quadrillion tokens. At the same time, 38,200,864,895,675 (38.20B) of SHIB has been staked by holders on ShibaSwap.

In this way, the current circulating supply of SHIB comes out to be 551,486,153,726,040 (551.48T) tokens.

At the time of writing, Shiba Inu (SHIB) is down over 6% over the last day and is trading at $0.00002423, with a 24-hour trading volume of $589,711,230 ($589M).

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Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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