Another 154.89 Million Shiba Inu (SHIB) Burned in the Past 24 Hours; a Single Wallet burned 135.89 Million SHIB.
Over 154.89 Million Shiba Inu (SHIB) has been pushed out of circulation forever in the past 24 hours.
In the past 24 hours, there have been a total of 154,899,021 $SHIB tokens burned and 5 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy
— Shibburn (@shibburn) October 12, 2022
Anonymous wallet burned 135.89 Million SHIB in a single transaction causing Shiba Inu’s Burn rate to skyrocket over 425% compared to the last day.
?? 135,896,208 $SHIB -> transferred to dead wallet. https://t.co/vW9njqctCo
— Shibburn (@shibburn) October 11, 2022
On the other hand, Shiba Inu has officially ended a relationship with its partner token, Ryoshis Vision, regarding the official SHIB Burn Portal. The team clarified that SHIB Burn Portal will remain operational as part of ShibaSwap and will now be powered by Shiba Inu’s internal development team, who’s already working on additional burn utility mechanics with solutions such as the upcoming Shibarium protocol instead of Ryoshis Vision.
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.
-Advertisement-
