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HomeCrypto NewsMarketKoyo Burns 152 Million Shiba Inu in One Transaction

Koyo Burns 152 Million Shiba Inu in One Transaction


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Over 182.52 million SHIB burned in the past 24 hours, as Koyo Token burned nearly 152 million SHIB in one go.

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Koyo Token (KOY) has again made headlines by sending 151,946,848 (151.94M) SHIB to the dead wallet in a single transaction executed about five hours ago from press time.

This unexpected burn follows a temporary pause in burning activities by Koyo that lasted for nearly two months. On April 14th, KOY permanently removed 1,494,278,561 (1.49B) SHIB from circulation in one transaction. The project now has burned a total of 8,909,512,702 (8.90B) SHIB in Total.

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Blaze Token stands before Koyo with 11,557,310,052 (11.5B) SHIB burned.

24 Hour Burns

Koyo marks the second significant burn transaction of the day. A few hours earlier, the mysterious wallet has put a match to 30,581,998 (30.58M) SHIB in a single transaction.

The Shiba Inu Community has burned 182,528,847(182.52M) SHIB through two separate transactions in the past 24 hours. This represents an increase of 1222.60% in the overall burn rate compared to the previous day.

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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.



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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