Lots of $SHIB burned on the blockchain despite the lack of activity ahead of the holidays
, hence a lack of burning volume on the chain. However, that was not the case on Dec. 31 and Jan. 1.
According to the Shibburn portal, almost 100 million Shiba Inu tokens have been burned in the last 24 hours. In the last 48 hours, the number is way more significant, with almost 300 million Shiba Inu tokens burned in one transaction only.Despite the deceleration of burning activities on the network, Shiba Inu still manages to maintain a certain threshold in the overall amount of burned assets, which leads to a gradual reduction in the circulating supply.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SHIB Whales Holding Much Less Shiba Inu Than in Early December – What's Happening?$SHIB has returned to the top whales' pockets, but they now hold a lot less. WhaleStats shytoshikusama
Read more »
Shiba Inu (SHIB) Makes Important Comeback$SHIB is back at a price level that could become a foundation for a future price reversal
Read more »
Shiba Inu (SHIB) Hits Two Major Milestones, Price Goes GreenPopular meme coin has come back, reaching two big, important milestones; the price is moving in green zone
Read more »
Shiba Inu's BONE Shows Interesting Price Action Amid SHIB FallingShiba Inu's $BONE price acts unusual despite $SHIB falling shibainu shib shibarmy shibarium shibaeternity shibadoge shibburn
Read more »
SHIB Burn Rate Spikes 13,198% as Hundreds of Millions of Shiba Inu Get RemovedSHIB community strives to burn as many SHIB as they can on last day of 2022, making burn rate skyrocket
Read more »
SHIB Burn Rate Spikes 13,198% as Hundreds of Millions of Shiba Inu Get RemovedSHIB community strives to burn as many SHIB as they can on last day of 2022, making burn rate skyrocket
Read more »