Shib Burn Rate Spikes Over 1900% As Over 56 Million SHIB Is Incinerated

The SHIB Burn rate spiked significantly with over 1900% as the community set on fire a total of over 56 million SHIB.

According to the website that tracks the amount of SHIB burned,, Travis Johnson, the owner of the SHIB Super Store, set the majority of the SHIB on fire in the past 24 hours while the community initiated the remaining burns.

Shibburn record

Read Also: Binance Initiates Second Round Of LUNC Trading Fee Burns With 3 Billion LUNC

Details of the SHIB Burn.

  • Travis Johnson burnt most of the SHIB as stated earlier as he set 36.24 million SHIB on fire in a single transaction.

         A total of over 4 million as tracked by were sent to fire in almost the same period when Travis was conducting his burns.

Read Also: Shiba Eternity Developers to Release The Guide In 2 to 3 Days As It Has Been Compiled, Waiting For Corrections

It is worth noting that Shiba Inu has got a lot of means to set SHIB on fire. For instance one of the community-led burns initiates, SHIB Super Store recently discovered burning SHIB via Fiverr.

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Dr. Olajide Samuel juggles the demands of medical studies with a passion for cryptocurrency. A seasoned blogger, Olajide shares his vast global knowledge of the crypto space, offering insights to enthusiasts. Despite his busy schedule, his commitment to crypto remains strong, and he actively seeks ways to contribute to its future.