Shiba Inu (SHIB) Burned Nearly 1 Billion SHIB in October: What’s the Effect on Price?

shibburn.com Recently shiba inu community in October 881.73 Million SHIBreported that it performed 176 actions to destroy the .

Shiba Inu Community Completely Removes 881.73 Million SHIB from Circulation in October

“SHIB Super Store” and “1Cent token” Two community-led incineration initiatives contributed significantly to the October incineration. SHIB Super Store burned 190.01 million SHIB.

SHIB Super Store held five Weekly Burning Events in October, destroying an astonishing 190,016,768 (190.01 million) SHIBs. On the last day of the month, October 31, SHIB Super Store removed 32,584,181 (32.58 million) SHIBs from circulation in a single transaction.

On the other hand, 1Cent token burned 89.08M SHIB in 5 separate transactions in October. Likewise, SHIB Superstore 1Cent also held a Weekly Burning Event on October 31st, eliminating 22.43 million SHIB in a notable transaction.

Shiba Inu is preparing hard for the upcoming Bull Run. With Burning, adoption of SHIB is increasing as many companies look for ways to expand their payment options to meet the modern needs of their consumers.

Recently, two innovative consumer real estate brands, Pacaso and condos.comstarted accepting SHIB payments.

Whales’ interest in SHIB continued after developments in the Shiba Inu Ecosystem. The biggest ETH Whales have been collecting trillions of SHIB at once over the past few days.

According to data provided by WhaleStats, SHIB ranks top among the 1000 largest ETH Whales by dollar value.

SHIB at the time of this writing 8% increasing 0.00001322 traded at dollar levels.

*Not investment advice.