shiba inu Its community is determined to reduce the supply of SHIB and create more value for its private tokens. In the last 24 hours, SHIB Community-led incineration initiatives have removed a total of 27.61 million SHIBs from circulation forever in ten separate transactions. lifted.
In the past 24 hours, there have been a total of 27,613,608 $SHIB tokens burned and 10 transactions. Visit https://t.co/t0eRMnzx3T to view the overall total of #SHIB tokens burned, circulating supply, and more.
NEWS CONTINUES BELOW— Shibburn (@shibburn) March 23, 2023
The most important burning process of the day comes from the mystery wallet. The wallet sends 14.37 million SHIB to burn addresses in one powerful transaction.
🔥 14,371,980 $SHIB -> transferred to dead wallet. https://t.co/9pcympZ8my
NEWS CONTINUES BELOW— Shibburn (@shibburn) March 22, 2023
Despite the massive burn, SHIB’s overall burn rate has decreased by 96.34% in the last day.
Shiba Inu Community set fire to 1.78B SHIB in multiple transactions in the past 7 days. The most significant burn took place yesterday when Koyo (KYO), a newly launched token, sent 758.95 Million SHIB to the dead wallet in a single transaction. Koyo has been actively contributing to the burning of SHIB since March 10. As of now it has burned a mind-boggling 5,364,203,658 SHIB.
Meanwhile, a leading Japan-based crypto- BitFlyer, the currency exchange, supports SHIB.
As of writing, the Shiba Inu is trading at 0.00001066, down 1.93% in the last day with a 24-hour trading volume of $316.95 million.
You can follow the current market movements here.
Source : The Crypto Basic