Shao Bank: The Future of Banking with Neobank Strategy
November 02, 2023
Single wallet burned 30M Shiba Inu.
Over 34.20 Million Shiba Inu (SHIB) has been removed from circulation forever in 24 hours, 30 Million SHIB in a single transaction. Shiba Inu’s Burn Rate skyrockets 820.84% over the last day.
Shiba Inu Community has made three burn transactions in the past 24 hours and destroyed 34,203,073 (34.20M) SHIB.
As per the report, the mysterious wallet burned a whopping 30,000,000 (30M) SHIB in one significant transaction.
The massive burn transaction was executed about 2 hours ago, as per Etherscan.io.
Moreover, the said transaction caused Shiba Inu’s burn rate to surge 820.84% over the last day when the Community-led burn initiatives were able to reduce the SHIB circulating supply by only 3,714,331 (3.71M) tokens.
At press time, Shiba Inu is trading at the price of $0.00001014, up 5.34% over the last day, with a 24-hour trading volume of $464,288,364 ($464.28M).
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