The Burns Don’t Stop: Million Burns From Meme Coin

Shiba Inu Community totaled 13.81 Million with five separate transactions in the last 24 hours SHIB permanently out of circulation lifted.

In the past 24 hours, there have been a total of 13,816,880 $SHIB tokens burned and 5 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more.

NEWS CONTINUES BELOW

— Shibburn (@shibburn) May 8, 2023

SHIB Super Store

SHIB Super Store emerged as the biggest SHIB burner of the day. Prominent shiba inu The community-led incineration project burned an impressive 10.45 million SHIB in a single transaction. The store also announced a reward of 10.4 million SHIB for the community as part of the Weekly Burn and Win Programme.

Burn/Reward!

NEWS CONTINUES BELOW

10.4M Burned
10.4M Rewarded (Shortly)

Total of around $190

Good week this week, engagement is up all the way around, but CPM was low, and gas fees are insane right now.

Have a HUGE announcement either later this week or early next

Thanks everyone! pic.twitter.com/U2AtnqC1hc

— SHIB Super Store (@shib_superstore) May 8, 2023

This massive burn resulted in a slight increase in the overall SHIB burn rate of 131.51% compared to the last day. 4.53 million breast coinstransferred to dead wallet in five different transactions.

Weekly Burn

The community has burned 3.98 Trillion SHIB in nineteen separate transactions in the past week.

In the last 7 days, there have been a total of 3,981,194,931 $SHIB tokens burned and 19 transactions. #shib

— Shibburn (@shibburn) May 7, 2023

Along with the burns, mainstream adoption of the Shiba Inu is rapidly gaining momentum. This adoption has received significant boost recently with the release of Binance Pay’s latest WooCommerce plugin, which enables over 40% of websites on the internet to accept SHIB as a form of payment.

Koinfinans.com As we reported, the Shiba Inu team is in talks with Huobi, a leading Seychelles-based exchange, and Certik, a leading blockchain and smart contract security firm, to launch a custom cold wallet dedicated to the Shiba Inu ecosystem.