Saturday, August 13, 2022
Home Crypto News Market Over Half a Billion Shiba Inu Burnt This Week So Far

Over Half a Billion Shiba Inu Burnt This Week So Far

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550.35 Million SHIB Destroyed in the Past 6 Days.

Over Half a Billion Shiba Inu (SHIB) have been burned by the Community using SHIB Burn Portal in the past six days. 120 Bone ShibaSwap (BONE) has also been incinerated.

Data from the tracking platform Shibburn shows that Shiba Inu Community has sent a whopping total of 550,351,774 (550.35M) tokens of the canine-themed cryptocurrency Shiba Inu (SHIB) to the dead wallet through 111 separate transactions in the past six days.

On Monday, 1st August, 216M Shib were burned, 170.6M on Tuesday, 58.2M on Wednesday, 38.4M on Thursday, 27.6M on Friday, and 38.9M Shiba Inu burnt today on Saturday.

Among prominent SHIB Burners, 1Cent Token organized its Weekly Burn Event on August 1st, 2022. The project made a total of two transactions to burn SHIB and BONE. In the first transaction, the 1Cent sent a total of 82,681,787 (82.68M) SHIB to the dead wallet. At the same time, the project carried out the second noticeable transaction and destroyed a total of 120 Bone.

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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 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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