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    Home»Crypto News»2.6 billion Shiba Inu burned in the last 7 days, while 300 million are gone in 24+ hours
    2.6 billion Shiba Inu burned in the last 7 days, while 300 million are gone in 24+ hours
    Crypto News

    2.6 billion Shiba Inu burned in the last 7 days, while 300 million are gone in 24+ hours

    By Katherine PriceMarch 28, 20222 Mins Read
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    Contents

    • 1 2.6 billion SHIB gone in seven days
    • 2 300 million SHIB gone in 24+ hours
    • 3 Three companies plan to burn SHIB

    @shibburn Another huge amount of SHIB has been settled in the last week and also in the last 24 hours, according to the crypto tracking service.

    2.6 billion SHIB gone in seven days

    On Sunday, @shibburn published a tweet with data about the total amount of SHIB burned since Monday, March 21. 2,604,802,620 Shiba Inu were exterminated.

    The largest single transaction that took SHIB to the “hell” wallet took place on March 22, with 1 billion tokens.

    In total, at the beginning of last week, more than two billion meme tokens were destroyed in just two days.

    Total 2,604,802,620 in last 7 days. have been $SHIB Token burn and 191 transactions. #shibarmi

    Read also: What is Shiba Inu ($SHIB)? Super meme coin dubbed the “killer of Dogecoin”

    — shibburn (@shibburn) March 27, 2022

    300 million SHIB gone in 24+ hours

    The same Twitter account noted that a total of 300 million SHIBs were transferred to dead-end wallets in the past 24 hours and the subsequent few hours. There were 191 transactions in this.

    Just an hour ago today almost all of it burned down: 290,590,004 meme tokens.

    290,590,004 $SHIB -> Moved to dead wallet.

    — shibburn (@shibburn) 28 March 2022

    Three companies plan to burn SHIB

    As previously reported by U.Today, three businesses are now planning to join the SHIB burning trend through NowPayments. The above platform is currently testing a flaming portal for SHIB and the Doge Killer (LEASH). Italian burger chain Wellies, the John Richmond fashion brand and Sorbillo’s pizza chain Noupements are all set to spend a portion of their SHIB profits.

    The goal of sending these meme tokens to non-spendable addresses is to try to make this doge coin more rare and thus, push the price up significantly.

    As of press time, the 15th largest cryptocurrency, Shiba Inu, is showing an increase of nearly 7% over the past 24 hours and is trading hands at $0.000002634.


    source: u.today

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