shiba inu The (SHIB) community continues at full speed to reduce supply. The community has shrunk supply by burning 199.7 million SHIB in the last 24 hours, according to Shibburn data. According to the data, the burning rate increased by 112.27% compared to the previous day.
Koinfinans.com As we have reported, 89.8% of the incinerations occurred in two major operations.
With the first transaction, 147.9 million SHIB was sent to the incineration wallet. The sending address is now zero according to Etherscan meme coinhas . However, the wallet has 6.46 ETH assets.
Shiba Inu Community Continues Burns
🔥🔥 147,941,583 $SHIB -> transferred to dead wallet. https://t.co/DgkXiO4OUs
NEWS CONTINUES BELOW— Shibburn (@shibburn) January 1, 2023
On the other hand, the second transaction took place earlier today. During the transaction, 31.6 million Tokens were transferred and removed from circulation. Etherscan data shows that this unknown wallet still holds around 18.7 million SHIB.
🔥 31,643,000 $SHIB -> transferred to dead wallet. https://t.co/lKf80w2sdx
— Shibburn (@shibburn) January 2, 2023
The community had burned 300 million SHIB on the last day of 2022 and increased the burning rate by an aggressive 13.000%. The burns made by the group have reached 83.34 billion so far. The group’s goal is to complete a total of 1 quadrillion burns. According to Shiba Inu data, all of the participants have made more than 410 trillion tokens so far. It staked 26.8 trillion tokens, reducing circulation to 562.7 trillion.
Source : The Crypto Basic