Cryptocurrency

742 Million SHIB Burned In Last 24 Hours; As 570 Million SHIB Set to Be Destroyed in Two Days

In the last 24 hours, according to the SHIB burn tracker known on Twitter as Shibburn, about 750 million SHIB has been burned.

Shibburn, the firm that accumulates data from Etherscan as each SHIB token is sent to the dead wallet, where it can no longer be accessible by users, tweeted that a total of 742,702,200 SHIB tokens were destroyed or taken out of Shiba Inu token’s circulating supply within 24 hours period.

Read Also: Major Car Dealer in New Jersey Now Accepts All Coins of Shiba Inu Ecosystem, SHIB, BONE, and LEASH

As previously reported by Shibburn, the maximum amount of SHIB tokens burned over this period rarely exceeded 100 million.

Shibburn tweeted, “In the past 24 hours, there have been a total of 742,702,200 SHIB tokens burned and 10 transactions. Visit to view the overall total of SHIB tokens burned, circulating supply, and more.”

Over 570 Million SHIB Tokens to Burn on 17th March

The @shib_superstore Twitter account that uses part of its profits from advertisements in games, selling merchandise, etc., to buy SHIB tokens in order to destroy it later, tweeted yesterday that during the upcoming token burn on March 17, they intend to cremate at least 575 million SHIB tokens.

Read Also: Shiba Inu Adoption on the Increase: Turkey’s Minister of Economy Examining SHIB. Details

SHIB Super Store tweeted, “As of right now, we are looking to burn 575M coins on the 17th. Everyone who has played the games, visited the site, or bought the merch should give themselves a pat on the back I didn’t do this, you guys did.”

This is one of the most active SHIB burn teams on Twitter, aside from Bigger Entertainment, which started destroying Shiba Inu coins in late October 2021 and, since then, the overall amount of SHIB they have sent to dead wallets is relatively one billion.


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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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