Over 2.07 Billion Shiba Inu (SHIB) burned in a week, and 15.24 Million in the past 24 hours.
The Shiba Inu Community has made a massive move by setting fire to a staggering 2,072,114,690 (2.07B) SHIB in the past week through 290 separate transactions.
In the last 7 days, there have been a total of 2,072,114,690 $SHIB tokens burned and 290 transactions. #shib
— Shibburn (@shibburn) March 19, 2023
The record-breaking burn transaction of the week occurred on March 17th, when KoyoToken sent 924,150,949 (924.15M) SHIB to the dead wallet in one significant transaction.
KoyoToken has contributed overwhelmingly to Shiba Inu burns since March 10th and has destroyed a herculean 4,631,179,336 (4.63B) SHIB through multiple transactions, as per data provided by Etherscan.io.
Past 24 Hours
In the past 24 hours, Shiba Inu Community-led burn projects collectively have removed a total of 15,248,223 (15.24M) SHIB from circulation forever through 33 separate transactions.
In the past 24 hours, there have been a total of 15,248,223 $SHIB tokens burned and 33 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more.
— Shibburn (@shibburn) March 20, 2023
SHIB Super Store contributed significantly towards Shiba Inu burn over the last day while sending a whopping 10,158,730 (10.15M) SHIB to the inferno address in one significant transaction using the official SHIB Burn Portal. In addition, the project has rewarded the Community with 10.05 million SHIB through its Weekly Burn and Earn program.
Forgot to make the tweet
10.1M Burned
10.05M RewardedAbout $222, or 1% higher than last week, hey, progress is progress!
This also marks the 50th burn, thank you everyone!https://t.co/d0goxr6syshttps://t.co/7qqpBvXP8R pic.twitter.com/AtqBTTqit3
— SHIB Super Store (@shib_superstore) March 20, 2023
Despite the massive burn, the overall Shiba Inu burn rate declined by -61.26% over the past day, when 40,595,413 (40.59M) SHIB tokens were removed from circulation forever.
As of writing, Shiba Inu is trading at the price of $0.0000107, down -2.09% over the last day with a 24-hour trading volume of $269,919,095 ($269.91M).
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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