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HomeCrypto NewsMarketShiba Inu Burns 223M SHIB In A Week, 22M In 24 Hours

Shiba Inu Burns 223M SHIB In A Week, 22M In 24 Hours

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Over 223.26 Million Shiba Inu (SHIB) burned in the past week, and 22.02 Million in the past 24 hours.


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Three well-known Community-led burn initiatives, “Shibburn.com,” “SHIB Super Store,” and “1Cent,” make it to the list of “Top SHIB Burners of the Week.”

Weekly Burns

Shibburn.com recently reported that Shiba Inu Community had sent a total of 223,264,370 (223.26M) SHIB to the “inferno” addresses through 51 separate transactions in the past week.

“Shibburn.com,” “SHIB Super Store,” and “1Cent,” collectively removed a whopping 166,000,354 (166M) SHIB from circulation forever in three separate transactions.

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Shibburn.com

Shibburn.com recorded the biggest SHIB Burn of the week. On November 22nd, Shibburn.com executed one significant transaction to take out 127,821,443 (127.82M) SHIB from circulation forever.

It should be noted that Shibburn.com has built three revenue streams i.e., Shibburn.com, Shibburn Radio, and Super Followers, of which it has dedicated about 40% of its entire revenue to Shiba Inu Burns.

SHIB Super Store

SHIB Super Store recorded the second biggest burn of the week. On November 21st, SHIB Super Store reported via tweet that it had put the match to a total of 26,772,703 (26.77M) SHIB via one momentous transaction using SHIB Burn Portal.

1Cent Token

1Cent Token managed to take the third spot in the list of “Top SHIB Burners of the Week” as the SHIB Burn Project incinerated a total of 11,406,208 (11.40M) SHIB in one noteworthy transaction via the Weekly SHIB Burn Event organized on November 21st, 2022.

Past 24 Hours Burn

Apart from Weekly Burn, the Shiba Inu Community transferred 22.02 Million SHIB to the “Null Address” through 11 separate transactions in the past 24 hours, Shibburn.com reports.

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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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.

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