[ccpw id="39382"]

HomeCrypto NewsMarketOver 105 Million Shiba Inu (SHIB) Destroyed in 24 Hours 

Over 105 Million Shiba Inu (SHIB) Destroyed in 24 Hours 


Written By:

Latest News

- Advertisement -

The number of Shiba Inu burnt via the official burn portal has continued to skyrocket. 

- Advertisement -

Fresh data shared by the official Shiba Inu burn Twitter account shows that a total of 105,165,658 (105.16 million) SHIB tokens were destroyed through the official burn portal in the last 24 hours. 

According to SHIB Burn, the tokens were destroyed in eight transactions made by different anonymous users.  

“In the past 24 hours, there have been a total of 105,165,658 $SHIB tokens burned and 8 transactions,” Shib Burn tweeted.  

- Advertisement -

One of the transactions saw a total of 17.09 million Shiba Inu coins burnt. With over 105 million SHIBs burnt in 24 hours, the total number of tokens permanently removed from the canine-themed token supply has surged tremendously. 

Shiba Inu enthusiasts have shown a massive interest in the initiative as they hope to boost the value of SHIB to at least $1. 

As reported by TheCryptoBasic, over 4.7 billion SHIBs were incinerated in July alone, with more tokens expected to go up in flames in the coming days. 

- Advertisement -


Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

More from Author