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HomeCrypto NewsMarketLowest Ever Shiba Inu Weekly Burn Recorded Since Shib Burn Portal Launch

Lowest Ever Shiba Inu Weekly Burn Recorded Since Shib Burn Portal Launch

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Lowest Ever Shiba Inu Weekly Burn Recorded: Over 108.61 Million Burned in the Past 7 Days.

Lowest-ever Weekly Shiba Inu Burn recorded since the launch of Shib Burn Portal. Over 108.61 Million Shiba Inu have been destroyed in the past seven days.

The well-known Shib burns tracking website,, recently released a weekly burn figure for Shiba Inu and reported that the world’s most popular canine-themed cryptocurrency recorded a lowest-ever Weekly Shib burn figure of 108,611,459 (108.61M) Shib via 34 separate transactions in the last seven days.

The official Shib burn Portal was launched on April 23rd, 2022, in collaboration with Ryoshis Vision to encourage the most authentic Shib burn projects through rewards. Shiba Inu’s team allocated Ryoshis Vision (RYOSHI) as a Shib Burn Reward token. Since its launch, Shiba Inu Community sent a herculean 64,019,139,294 (64.01B) SHIB to the dead wallet while executing thousands of transactions.

64 Billion Shiba Inu Burned since Shib Burn Portals Launch
64 Billion Shiba Inu Burned since Shib Burn Portals Launch

Moreover, Shiba Inu’s burn volume continues to plunge since Shiba Inu’s team allocated 5% of Shiba Eternity’s profit to burn SHIB. The Community might prefer spending the Shib on game, there rather than simply locking them in dead wallets.

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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.

Disclaimer: The content is for informational purposes only, 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.

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