Over 708.76 million Shiba Inu (SHIB) burned in a week.
Shiba Inu witnesses an increase in Weekly burn rate, as the Community has burned over 708.76 million SHIB in the last seven days.
Shibburn.com data reveals that the Community has permanently eliminated 708,766,124 (708.76 million) SHIB from circulation through sixty-nine separate transactions in the past week.
SHIB UPDATE$SHIB Price: $0.00000797 (1hr 0.87% ▲ | 24hr -0.53% ▼ )
Market Cap: $4,686,734,171 (-0.76% ▼)
Total Supply: 589,350,023,839,869TOKENS BURNT
Past 24Hrs: 328,438,383 (10688.75% ▲)
42 transactionsPast 7 Days: 708,766,124 (-5.14% ▼)
69 transactions…— Shibburn (@shibburn) June 25, 2023
This recent figure showcases a notable 1747% increase in burn rate compared to the past week, where the Community has put a match to only 38,373,239 (38.37 million) SHIB in eighteen transactions.
Weekly Top SHIB Burners
MARSWAP (MSWAP), Koyo Token (KOY), and the mysterious wallet emerged as the “Top SHIB Burners of the Week.”
MARSWAP
MARSWAP, a newly emerged token, contributed the major part towards the burn. The project has permanently removed 302,622,563 (302.62 million) SHIB from circulation through forty individual transactions on Sunday, June 25th.
Koyo Token
Koyo Token (KOY) secured the second spot on the “Top SHIB Burners” list of the week. The project transferred 252,873,213 (252.87 million) SHIB to the Inferno address in a single transaction on Wednesday, June 21st.
Mysterious Wallet
The mysterious wallet set fire to 84,405,747 (84.40 million) SHIB on June 21st in one significant transaction.
Past 24 Hours Burn
Shiba Inu Community has collectively managed to remove 328,438,383 (328.43 million) SHIB from circulation forever through forty-two distinct transactions in the past 24 hours.
Shib Burn Twitter App
It’s important to note that Shibburn.com’s bot app is currently suspended on Twitter. However, users can access the latest information on Shiba Inu burns through the official website, as previously reported by The Crypto Basic.
In a separate development, the wallet associated with the bankrupt crypto lender, Voyager, has transferred a staggering 287 billion SHIB to the unknown wallet through four separate transactions. The exact motive behind this transfer remains unclear, but some speculate that it could be related to the lender’s plan to reopen customer withdrawals.
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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