Over 4.7 Billion SHIB Have Been Burned In The past 30 Days, 1.13 Billion SHIB In A Week, 216.48 Million SHIB In The Past 24 Hours

It is good to know that the SHIBB ARMY hasn’t ceased in its effort to maintain the price of the meme coin. Over 4.76 billion SHIB have been sent into the dead wallet by the community in July 2022, 1.13 billion in a week and 216.48 million SHIB in the past 24 hours.

More also, a total of 1250 ShibaSwap (BONE) by one of the community-led Burning projects in July 2022.

Over 4.7 Billion SHIB Is Destroyed Over The Past 30 Days

As gotten from the result released by the website monitoring the amount of Shiba Inu tokens burned, Shibburn.com, over 4.7 billion SHIB tokens have been sent into a dead wallet in 505 separate transactions in the last 30 days. This update was made posted on the official Twitter handle of Shibburn.

In the last seven days, over 1.1 billion has been destroyed permanently by the Shib Army in a total of 122 separate transactions as revealed on the Shibburn Twitter handle.

1CENT Destroys Bone And Shib

1CENT, one of the tokens dedicated to burning Shiba Inu, organized its Weekly Burn Event on July 25th. The 1CENT has destroyed over 40.24 million SHIB in one significant transaction and the same premise, the team also carried out another prominent transaction and sent a total of 100 BONE into a dead wallet.

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As reported by Cryptolifedigital, 1CENT had also sent in one transaction a 190 Bone ShibaSwap, the governance token of the Shiba Inu ecosystem.

More to the 1CENT, it organized its weekly burn event on Tuesday, June 28th which claimed over 39 Million SHIB in just one transaction, and also organized another burning of over 190 Governance tokens, Bone.

24-hour Burn

As said earlier, over 216.48 million SHIB have been destroyed by Shib Army in just 32 separate transactions in the past 24 hours.

In order to drastically reduce the supply of Shiba Inu, more effort is required from the Shib army. But their unrelenting effort is appreciated by the community.

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Cryptolifedigital is a cryptocurrency blogger and analyst known for providing insightful analysis and commentary on the ever-changing digital currency landscape. With a keen eye for market trends and a deep understanding of blockchain technology, Cryptolifedigital helps readers navigate the complexities of the crypto world, making informed investment decisions. Whether you're a seasoned investor or just starting out, Cryptolifedigital's analysis offers valuable insights into the world of cryptocurrency.
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