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HomeCrypto NewsMarketCommunity Burns Over 4 Billion Shiba Inu in Past Week

Community Burns Over 4 Billion Shiba Inu in Past Week


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Over 4.17 billion SHIB burned in the past week, 3.60 billion by a single wallet.

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Shiba Inu experienced a significant increase in its burn rate over the past week as the Community burned 4.17 billion SHIB.

Shiba Inu Community has transferred a total of 4,175,261,803 (4.17B) SHIB, to the dead wallet in the past seven days. This remarkable feat was achieved through twenty-seven individual transactions.

This latest feat marks a 53% increase in burn rate compared to the past week, where 2,734,359,742 (2.73B) SHIB were removed from circulation forever through one hundred and thirty (130) separate transactions.

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Here are the top SHIB burners.

Blaze Token

Blaze Token has emerged as the leading force behind this impressive SHIB weekly burn. The project sent a record-breaking 3,601,495,249 (3.60B) SHIB to the Inferno address in a single transaction on Monday, May 29th.

Koyo Token

Koyo Token, coming in as the second top SHIB burner, has also made its presence felt by setting fire to 151,946,848 (151.94M) SHIB in one robust transaction on Friday, June 2nd.

Mysterious Wallet

Furthermore, the mysterious wallet has also played its part in reducing the SHIB supply. On Sunday, June 4th, the unknown wallet eliminated a whopping 100,000,000 (100M) SHIB in a single transaction.

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Past 24 Hours Burn

On the other hand, the Shiba Inu Community has managed to burn a meager 4,015,232 (4.01M) SHIB through two separate transactions in the past 24 hours. This represents a -95.64% decline in burn rate compared to the last 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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