Shiba Inu holders have burnt millions in SHIB in quick succession.
Shiba Inu holders have burnt 24 million SHIB in 1 hour today, per a tweet from Shiba Inu burn tracker Shibburn.
According to the platform, this occurred in two transactions.
“In the past hour, there have been a total of 24,006,723 SHIB tokens burned and 2 transactions,” Shibburn tweeted.
U proteklih sat vremena bilo ih je ukupno 24,006,723 $ SHIB spaljeni tokeni i 2 transakcije. #shibarmy
— Shibburn (@shibburn) Decembar 26, 2022
Notably, a user sent about 4.8 million SHIB to the burn wallet, quickly followed by the transfer of another 19.2 million SHIB by a different user.
4,799,040 $ SHIB -> prebačen u mrtvi novčanik. https://t.co/uSAODjM3Ty
— Shibburn (@shibburn) Decembar 26, 2022
19,207,683 🔥 $ SHIB -> prebačen u mrtvi novčanik. https://t.co/ijpnVoPsIE
— Shibburn (@shibburn) Decembar 26, 2022
A follow-up tweet from the SHIB burn tracker reveals that over 48 million SHIB have been burnt in the last 24 hours. Consequently, the burn rate is currently up 67% in the last 24 hours.
U protekla 24 sata bilo ih je ukupno 48,610,480 $ SHIB spaljeni tokeni i 10 transakcija. Posjetite https://t.co/t0eRMnyZel da vidite ukupni iznos #SHIB spaljeni tokeni, opskrba u opticaju i još mnogo toga. #shibarmy
— Shibburn (@shibburn) Decembar 26, 2022
As prijavljeno by Crypto Basic on Saturday, the Shiba Inu burn rate surged by a staggering 642% after a single user with a holding of over 300 billion SHIB transferred over 27 million SHIB to the burn wallet.
It is worth noting that the burn portal pokrenut in April this year as Shiba Inu holders called for a way to reduce the 1 quadrillion SHIB supply. So far, the community has burnt over 410 trillion SHIB per podaci from Shibburn, representing 41% of the original supply. Consequently, holders have reduced the total SHIB supply to 589.6 trillion from 1 quadrillion, with only 562.7 trillion in circulation.
Zajednica trajno uklonjena 666 million SHIB from circulation in November alone. They would be hoping to surpass this in December.
SHIB is currently trading at the $0.000008301 price point, down 3.45% in the past seven days despite the increasing burns.
It comes as crypto demand wanes in the bear market. IntoTheBlock podaci shows that the number of addresses is growing at a negligible 0.41%.
- Oglas -
Source: https://thecryptobasic.com/2022/12/26/24m-shib-burnt-in-1-hour-over-48m-in-the-last-24-hours/?utm_source=rss&utm_medium=rss&utm_campaign=24m-shib-burnt-in-1-hour-over-48m-in-the-last-24-hours