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HomeCrypto NewsMarketNew Project Burns 3.60 Billion Shiba Inu, 11B in Total

New Project Burns 3.60 Billion Shiba Inu, 11B in Total


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Blaze Token burned over 3.60 billion SHIB in the past 24 hours and 11.55 billion monthly.

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Blaze Token has once again grabbed the spotlight with its recent announcement that it has set fire to another 3,601,495,249 (3.60B) SHIB, worth $31,621, in a record-breaking transaction executed about three hours ago. This marks the most significant SHIB burn transaction of the year.

Shib Burn also confirmed the transaction.

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Notably, this is the fifth time in just four weeks that Blaze Token has undertaken such a massive burning of SHIB.

Blaze Token first made waves on May 2nd, when it embarked on a burning frenzy by sending a great 2,005,265,274 (2B) SHIB to the dead wallet in a single transaction.

On May 8th, the project eliminated an additional 1,695,524,269 (1.69B) SHIB from circulation.

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Undeterred, the token continued its burning spree, further reducing the Shiba Inu supply by 3,016,000,000 (3.01B) SHIB on May 15th.

The token set fire to a record 1,238,951,893 (1.23B) SHIB about last week.

Blaze Token has removed a humungous 11,557,310,052 (11.55B) SHIB from circulation forever through five separate transactions in the past 30 days.

The intense burning activity has propelled the overall burn rate to exceptional heights. The burn rate skyrockets by 38,873.42% compared to the previous day, where 231,886,112 (231.88M) SHIB were burned through eight individual transactions.

Shiba Inu Burn Rate Skyrockets By 38873 Percent in the Past 24 Hours
Shiba Inu Burn Rate Skyrockets By 38873 Percent in the Past 24 Hours

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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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