Billions of SHIB Burned This Week in One Go: Details
Earlier this week, a record amount of SHIB was transferred to a dead-end wallet and out of circulation permanently. Yet, the total circulating supply of this popular dog-themed cryptocurrency has decreased only a tiny bit.
Three billion SHIB burned instantly Three days ago, a total of 3,016,073,367 Shiba Inu was moved to an "inferno" wallet from adress -e2433. This transaction pushed the SHIB burn rate up by a whopping 26,450%, according to data provided by the Shibburn platform.
Since then, the community has so far been unable to beat that small record as the SHIB burn rate over the past two days has been in decline.
According to the same source, there are 574,281,290,431,820 SHIB circulating in the market at the moment, and a total of 410,642,031,588,420 Shiba Inu meme coins have been burned for good.