Over 2.2 billion $SHIB burned since last Monday. ShibArmy ShibaInu shibburn
Since the beginning of last week, a total of around 2.2 billion SHIB have been incinerated. One-fourth of it was burned over the past 24+ hours alone, according to the @shibburn Twitter handle.Twitter account @shibburn, which represents a company that burns tokens and posts information on burn transactions from etherscan to their website, has stated that between March 14 and 20, almost two billion SHIB have been moved to dead-end wallets without the chance to be spent or withdrawn ever again.
As per a tweet posted on Sunday by the aforementioned account, a total of 1,633,542,121 Shiba Inu meme coins were shifted to dead addresses by different teams and individuals who have committed to burning SHIB. The aforementioned amount of SHIB is the equivalent of $37,979 at the current exchange rate. It took 55 transactions to burn that great amount of canine crypto.
As covered in U.Today articles last week, quite large amounts of SHIB were destroyed within a single period of 24 hours: