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HomeCrypto NewsMarket105 Million Shiba Inu Burnt in 24 Hours, 40 Million in One Transaction: Details

105 Million Shiba Inu Burnt in 24 Hours, 40 Million in One Transaction: Details


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Millions of Shiba Inu are burning daily.

The Shiba Inu Community has burned over 105.08 Million Shiba Inu (SHIB) in the past 24 hours. One of the prominent Community-led Burning initiatives, “1Cent Token”, destroyed 40 Million Shiba Inu and 130 Bone ShibaSwap (BONE) in two separate transactions.

The SHIB Burn tracker reports that the Shiba Inu Community has sent 105,084,459 (105.08M) SHIB to dead wallets through 23 separate transactions in the past 24 hours.

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1Cent incinerated the most Shiba Inu tokens in the past 24 hours.

On August 22, 1Cent organized its Weekly Burn Event, sending a whopping total of 40,000,000 (40M) SHIB in one significant transaction to “inferno” addresses. At the same time, the project carried out another transaction and burned a total of 130 Bone ShibaSwap (BONE), the governance token of the Shiba Inu ecosystem.

At press time, Shiba Inu is trading at the price of $0.00001289, down -3.05% over the last day with a 24-hour trading volume of $463,831,073 ($463.83M).

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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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