The 33M+ SHIB tokens were incinerated in 15 transactions, with four significant transactions accounting for over 79%.
The Shiba Inu (SHIB) community has witnessed the incineration of 33,152,437 (33.1M) tokens in the past 24 hours, marking a 360% increase in burn rate from the previous day. This cluster of burn transactions is observed at a time when the asset is aiming to conquer the $0.000013 price territory.
The 33.1M tokens were burned in 15 transactions, as revealed today by Shibburn, a community-driven platform dedicated to tracking Shiba Inu-related burns.
Per pastarąsias 24 valandas iš viso buvo 33,152,437 XNUMX XNUMX $ SHIB sudeginti žetonai ir 15 sandoriai. apsilankymas https://t.co/t0eRMnyZel norėdami pamatyti bendrą sumą #SHIB sudeginti žetonai, cirkuliuojantis tiekimas ir kt. #šibarmija
- Shibburn (@shibburn) Sausis 23, 2023
The platform also tracked four significant burn transactions in the past 24 hours which cumulatively incinerated 26.3M tokens, accounting for 79.4% of the total burned amount. The anksčiausiai of these transactions occurred yesterday at 16:44 (UTC), involving the incineration of 1,648,087 SHIB.
Antrasis sandoris saw 6,787,709 tokens transferred to the dead wallet yesterday at 21:31 (UTC). Barely three hours after this, the network witnessed another significant burn sandoris at 23:55 (UTC), as 7,991,050 SHIB tokens were further incinerated. The fourth burn naudotis represented the largest in the past 24 hours, amounting to 10,105,451 tokens.
Following these transactions, the total tokens burned from the asset’s initial supply currently sits at 410,384,701,975,803 (410.4 trillion) SHIB, leaving its total supply at a current amount of 589,615,298,024,196 (589.6 trillion) tokens at the time of reporting, with 17.8 trillion staked.
SHIB Community Sustains Burn Campaign
The Shiba Inu community remains committed to reducing the asset’s supply, as its price movements depend on the campaign. Last week, the burn rate Spygliuota with the asset’s price rally, as 50M tokens were incinerated in 24 hours. The development team also recently atskleista how they plan to burn SHIB with the much-anticipated Shibarium L2 solution.
Furthermore, as Shibarium promises native support for NFT functionality, several platforms have launched in preparation for the L2 network. Notably, Pawzaar, an NFT marketplace, atskleidė that it will burn SHIB for every NFT transaction on its platform once Shibarium launches.
Shib Price
Meanwhile, SHIB’s journey to reclaim the $0.000013 price point has been met with resistance, but the bulls remain persistent. Despite trading flat in the past hour, the asset is still maintaining a 16.73% gain in the past 7 days, currently changing hands at $0.00001214. Notably, SHIB enthusiast David Gokhshtein recently pažymėti that he would retire once the asset hits $0.01.
Source: https://thecryptobasic.com/2023/01/23/over-33m-shiba-inu-burned-in-past-24-hours-as-bulls-target-0-000013/?utm_source=rss&utm_medium=rss&utm_campaign=over-33m-shiba-inu-burned-in-past-24-hours-as-bulls-target-0-000013