18 Million Burns in a Single Wallet: The Burn Rate in Meme Coin Jumped to 147%!

shiba inu The community said that in the last 24 hours, a total of 20.26 Million SHIB was sent to the dead wallet in bulk with three separate transactions. announced.

The most significant burn was done about 9 hours ago by Coinbase-associated wallet labeled “Coinbase 10”, which transferred 18.99 Million SHIB to burn addresses in a single transaction. started.

This move resulted in the Shiba Inu’s total burn rate increased by 147.33% in just one day compared to the previous day’s burn rate of 15.13 Million SHIB in four separate transactions.

Shiba Inu meme coin burning increased

Whales Buy SHIB

Koinfinans.com As we reported, Shiba Inu is the 254th largest ETH whale “BlueWhale0073” is popular. cryptocurrency continues to attract the attention of top Ethereum whales as it makes another significant purchase from its unit. Whale has purchased 229.96 Billion SHIBs worth $2.58 million in the last 24 hours.

This follows the whale’s purchase of $99.29 billion worth of SHIB, worth $1.05 million, in a single transaction on March 31.

The continued interest of the whale in SHIB shows that the demand for the cryptocurrency, which has grown in popularity in recent months, has increased. CoinMarketCap’s Q1 report also supports this claim. meme coinIt reveals that . is among the most closely watched cryptocurrencies on the platform and that investors are following SHIB closely.

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Source : The Crypto Basic


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