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Bitcoin $115,467.69 -0.46%
Ethereum $4,613.01 -1.27%
BNB $928.91 -0.51%
Optimism $0.79 -4.39%
Arbitrum $0.51 -5.21%
Solana $241.31 -0.71%
Polygon $0.22 +2.77%
Cosmos $4.65 -3.73%
Avalanche $29.75 -0.58%

27.16 Million Shiba Inu Burned as Bulls Push Price Up

The Shiba Inu Community-led burn initiatives transferred 27,164,707 (27.16M) SHIB to the dead wallet through ten separate transactions in the past 24 hours.

Notably, two unknown wallets were responsible for a significant portion of this burn, contributing a combined burn of 21.81 million SHIB tokens through three transactions.

These burns have boosted the overall Shiba Inu burn rate by 65.31% in just one day.

(By ZABI)

Get the latest news here: Cointime channel — https://t.me/cointime_en

Shiba Inu $0.00

-4.44%

Shiba Inu SHIB

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According to The Data Nerd's monitoring, within 10 hours, 2 wallets (with the same amount of SHIB) deposited a total of 211 billion SHIB (about 5.16 million US dollars) into Coinbase. These wallets accumulated these SHIBs last week, and if sold at the current price, it would cause a small loss (about 120,000 US dollars).
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Nearly 90 million SHIB tokens were removed from circulation in the past 24 hours, and Shiba Inu's burning rate surged by 50,000%.
A large-scale transfer transaction of over 30 trillion SHIB occurred on the Ethereum chain, worth nearly US$50 million.

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27.16 Million Shiba Inu Burned as Bulls Push Price Up

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