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HomeCrypto NewsMarket1.21 Billion Shiba Inu Burnt In A Week, 76 Million in 24 Hours

1.21 Billion Shiba Inu Burnt In A Week, 76 Million in 24 Hours


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Over a billion weekly coin burn continues for Shiba Inu. 

Over 76.27 Million Shiba Inu (SHIB) burnt within the Past 24 Hours and 1.21 Billion in the Past 7 Days. 300 Bone ShibaSwap (BONE) has also been incinerated by one of the Community-led Burning Projects.

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Data from the tracking platform Shibburn shows that past week over 1.21 Billion tokens of the canine-themed cryptocurrency Shiba Inu (SHIB) has been burned with 104 separate transactions. 1Cent Token and Travis Johnson’s SHIB Super Store make it to the list of the prominent SHIB Burn contributors of the Week.

1CENT also incinerated 300 Bone ShibaSwap (BONE), the governance token of the Shiba Inu ecosystem.

As per a recent tweet from Shibaburn.com, the Shiba Inu Community has sent a whopping total of 1,217,385,404 (1.21B) SHIB tokens to “inferno” addresses in the last seven days through 104 separate transactions.

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Among prominent SHIB Burners, Travis Johnson’s SHIB Super Store burns the most Shiba Inu tokens in a week, whereas the 1CENT token was the second big Shiba Inu burner.

Travis Johnson’s SHIB Super Store removed a total of 48,205,328 (48.20M) SHIB from circulation forever in one significant transaction using SHIB Burn Portal.

1Cent, the only token dedicated to burning the other two of the tokens of the Shiba Inu ecosystem, i.e., SHIB and BONE, organized its Weekly Burn Event on July 12th (Tuesday). The team burnt a total of 40,007,315 (40.00M) SHIB in one significant transaction. At the same time, the project carried out another transaction and incinerated a total of 300 Bone ShibaSwap (BONE), the governance token of the Shiba Inu ecosystem.

Past 24-Hour Burn:

Besides weekly burns, a total number of 76,275,825 (76.27M) SHIB tokens have been sent to the dead wallets by Shiba Inu Community through 16 separate transactions in the last 24 hours, with the help of the SHIB Burn Portal, Shibburn.com reports

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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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