Half Billion SHIB Burnt by Shiba Community: Report

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In a recent tweet, the Shibburn crypto tracking platform stated that in the past 24 hours, nearly half a billion Shib tokens have been transferred to the dead address in order to be permanently removed from the circulating supply.

Almost destroyed Arab Shiba Inu coins

According to a recent tweet, since yesterday morning, a total of 440,626,338 Shiba Inu canine tokens were carried into wallets, taking 55 transfers of which they cannot be spent.

According to Shibburn, within hours of this report, another 32,650,000 SHIB were burned in just 2 transactions.

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Total 440,626,338 in last 24 hours. Has happened $SHIB Token burn and 55 transactions. Visit https://t.co/t0eRMnyZel to see the total #shib Token burn, circulating supply, and more. #shibarmi

— shibburn (@shibburn) 21 May 2022

Despite regular massive burns, the second-largest meme token has been trading at minus 2.79 percent over the past 24 hours, dropping to $0.000001157.