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, Shibburn.com, 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.
In the last 7 days, there have been a total of 108,611,459 $SHIB tokens burned and 34 transactions. #shibarmy
— Shibburn (@shibburn) October 9, 2022
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.
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.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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