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395 Million Shiba Inu Burnt in 7 Days, 50 Million In 24 Hours, 43 Million in a Single Transaction: Report

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Weekly Shiba Inu burns are declining.


Over 395.80 Million Shiba Inu (SHIB) has been destroyed in the past week, 50.80 Million in the past 24 hours, including 43.23 Million in one significant transaction.

Shibburn.com, the most trusted SHIB burn tracking website, recently released a report stating that the Shiba Inu Community has incinerated a whopping total of 395,803,998 (395.80M) SHIB in 48 transactions in the past seven days.

The latest figure shows an increase of 264.42% over the past week. Last week Shiba Inu Community burned only 108,611,459 (108.61M) SHIB in 34 separate transactions and recorded the lowest-ever Weekly SHIB burn since the launch of the SHIB Burn Portal.

Past 24 Hours Burn:

Apart from this, Shibburn.com also reported a massive 559.46% increase in Shiba Inu Burn volume over the last day. This comes after the SHIB Army collectively burned 50,802,530 (50.80M) SHIB tokens through 6 separate transactions in the past 24 hours.

SHIB Super Store Burned 43.23 Million SHIB in a Single Transaction:

One of the Community-led burn initiatives tagged “SHIB Super Store” removed a staggering 43,233,190 (43.23M) SHIB in one large transaction executed about 13 hours ago.

At press time, Shiba Inu is trading at the price of $0.0000103, showing no change over the last day with a 24-hour trading volume of $111,957,622 ($111.95M).

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Zabi
Zabi
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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