Slightly under one billion Shiba have been burned thanks to efforts of various burn initiatives that strive to diminish its supply
As reported by @shibburn crypto tracking service, over the past 24+ hours, almost three-quarters of a milijardas SHIB has been burned, i.e., sent to dead cryptocurrency wallets.
SHIB išimta iš apyvartos 706 mln
A recent tweet by the platform shows that over the past 24 hours, the SHIB community has locked a total of 697,829,091 meme tokens in dead wallets, taking 52 transactions to achieve that.
Within the past few hours, the amount of burned Shiba has risen to 706,186,411 monetos.
Per pastarąsias 24 valandas iš viso buvo 697,829,091 XNUMX XNUMX $ SHIB sudeginti žetonai ir 52 sandoriai. apsilankymas https://t.co/t0eRMnyZel norėdami pamatyti bendrą sumą #SHIB sudeginti žetonai, cirkuliuojantis tiekimas ir kt. #šibarmija
- Shibburn (@shibburn) Gali 3, 2022
The goal of “burns” in the case of crypto is to reduce a coin’s supply and push as many coins out of circulation as possible in order to push the price up.
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Upmarket yacht company now accepts SHIB
Camper & Nicholsons, a luxury yacht charter and brokerage company, has struck a strategic partnership deal with BitPay crypto payments processor, and now the former will begin to accept digital currencies for its services: buying, chartering, etc.
Among the cryptocurrencies BitPay works with is Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, etc. As of 2021, BitPay has also been working with Shiba Inu, the second largest meme cryptocurrency.
Camper & Nicholsons is one of the largest yacht companies globally and was founded in 1782. At present, it boasts 11 offices on four continents, operating more than 140 yachts for providing its services.
Source: https://u.today/shib-army-burns-more-than-700-million-shib-decreasing-token-supply-further