ICYMI: a total of 303.6 million $SHIB tokens have been shifted to dead addresses ShibaInu SHIB SHIBArmy
has been sent to"inferno" wallets and, thus, taken out of circulation. Almost all of this amount of SHIB was burned in merely one transaction.
Shiba Inu burns are being made in an attempt to reduce the circulating supply of the token and push the price toward higher highs. In the meantime, the second-biggest meme coin by market cap after DOGE has demonstrated a 12% rise in the past 24 hours, losing some of it later on.@shibburn crypto tracker has announced that in the past 24 hours, a significant amount of SHIB has been sent to burner addresses—a total of 303,686,273 tokens were moved in only five transactions.
Most of this massive amount was burned in just one transfer, according to data accumulated by Etherscan and posted on the Shibburn website. A total of 290,590,004 was shifted to a dead-end wallet more than 20 hours ago from the 0xbaed383ede0e5d9d72430661f3285daa77e9439f address, whose owner has not been identified.
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