shiba inuThere is a significant drop in the weekly burn rate, with the community burning more than 282.73 million SHIBs in the past week.
Shibburn.com recently published a in the reportannounced that the Shiba Inu Community has removed 282,730,986 (282.73 million) SHIBs from circulation in twenty-two separate transactions in the past seven days.
In the last 7 days, there have been a total of 282,730,986 $SHIB tokens burned and 22 transactions. #shib
— Shibburn (@shibburn) June 11, 2023
NEWS CONTINUES BELOW
This figure represents a notable -93.66% decrease in burn rate compared to last week, when the record-breaking 4,175,261,803 (4.17 billion) SHIBs were permanently removed from circulation in twenty-seven separate transactions.
Weekly Best SHIB Burners
Binance linked wallet and MARSWAP Turned out to be the “Best SHIB Burners of the Week”.
Binance Linked Wallet
One of the Binance-related wallets contributed greatly to the burn. The Binance 14-tag wallet burned 207,715,716 (207.71 million) SHIB in a single transaction on June 10, 2023.
MARSWAP (MSWAP)
MARSWAP, a token that has been gaining attention recently, took second place on the week’s “Most SHIB Burns” list. The newly revealed token transferred 47,215,278 (47.21 million) SHIB to the dead wallet in nine separate transactions.
MARSWAP’s incineration peaked on Sunday, June 11, when the project completed two major incinerations. MARSWAP sent 16,308,588 (16.30 million) SHIB tokens to Inferno in the first transaction. A few hours later, the project completed another major burn, eliminating 11,378,240 (11.37 million) SHIB tokens.
Despite these impressive burn numbers, the Shiba Inu’s value has lost -22.6% in the past week. meme coin It is currently trading at $0.00000660.
Source : The Crypto Basic