Half-Billion SHIB Burnt by Shiba Community: Report

In the late tweet, the Shibburn crypto tracking platform said that in the past 24 hours, nearly half a billion  Shib tokens have been shifted to dead addresses to be forever removed from the circulating supply.

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Nearly a billion Shiba Inu coins destroyed

As stated in the recent tweet, since last morning, a total of 440,626,338 Shiba Inu canine tokens were moved to wallets from which they cannot be spent, taking 55 transfers.

Within a few hours after this report, another 32,650,000 SHIB was burned in merely 2 transactions, according to Shibburn.

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Despite the constant huge mints, the second-biggest meme token is trading minus 2.79 percent over the past 24 hours, dropping to $0.00001157.

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