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HomeCrypto NewsMarket840 Million Shiba Inu Burnt In A Week, 110 Million in 24 Hours: Report

840 Million Shiba Inu Burnt In A Week, 110 Million in 24 Hours: Report


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Shiba Inu’s weekly burn drops below 1 Billion.

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The Most Powerful Community in the crypto space fails to burn over 1 billion Shiba Inu tokens in a week. Over 110.28 Million SHIB burnt within the Past 24 Hours and 840.76 Million in the Past 7 Days.

Shibaburn.com recently reports that the Shiba Inu Community has permanently removed 840,765,314 (840.76M) SHIB tokens from circulation forever in the last seven days through 107 separate transactions.

Top SHIB Burn Contributors of the Week:

Travis Johnson’s SHIB Super Store and 1Cent Token make it to the list of the prominent SHIB Burn contributors of the Week.

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Travis Johnson’s SHIB Super Store organized its Weekly Burn Event on Sunday. SHIB Super Store sent a total of 46,843,100 (46.84M) SHIB to a dead wallet using SHIB Burn Portal.

On the other hand, 1Cent Token organized its Weekly Burn Event on July 18th, 2022 (Monday). 1Cent Token has incinerated a total of 16,931,926 (16.93M) SHIB in one significant transaction. At the same time, the project carried out another transaction to burn 50 Bone ShibaSwap (BONE), the governance token of the Shiba Inu ecosystem.

Past 24-Hour Burn:

Besides weekly burns, a total number of 110,289,311 (110.28M) SHIB tokens have been sent to the “inferno” addresses by Shiba Inu Community through 16 separate transactions in the last 24 hours, 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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