This Meme Coin Tops The Biggest Transaction List!

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The cryptocurrency market has witnessed the largest and most expensive transactions worth billions of dollars. Coinbase Director Conor Grogan took to Twitter to unveil the biggest transactions of all time. shiba inu was at the top of the list. The data shows the most expensive crypto transactions on a chain basis from 2018 to 2023. An Ethereum transaction topped the list at $4.4 billion in 2022, while Grogan corrected the data by highlighting a $7 billion SHIB transaction.

The Most Expensive Transaction in Crypto History

grogan, crypto- He tweeted a list of the most expensive transactions in history. EthereumHe noted that Vitalik Buterin’s burning of 410 trillion Shiba Inu tokens worth $7 billion was the most expensive transaction ever recorded.

“Here is the most expensive I could find crypto- a list of transactions by chain. Ethereum tops the list with a transfer of $4.4 billion among Binance wallets,” he tweeted. Grogan continued in the tweet that not Ethereum but Shiba Inu tops the list with a $7 billion transaction. told.

“I did not include address burnings. “If I had included it, the $7 billion that Vitalik Buterin burned at SHIB would probably have been #1 all-time.”

However, he noted that the $7 billion transaction was the biggest of the crypto markets burns. Buterin burned nearly half of the circulating supply of Shiba Inu in May 2021, after the token’s founder Ryoshi gifted it to him.

It has significantly reduced the supply of the 410 trillion SHIB burned, but the token still has an additional 549 trillion to be burned. No other incineration of this magnitude has occurred since then.

As Koinfinans.com reported, the Shiba Inu is trading at $0.00001041 at the time of writing. It fell 1.1% in 24-hour daily trading. SHIB is also down 87.92% from its all-time high of $0.00008616 reached in October 2021.


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