Shiba Inu Burn Skyrockets in May as SHIB Burn Surpasses 5.6 Billion Tokens in just 9 Days

Mysterious Wallet, Blaze Token and CultPunks have significantly contributed to how over 5.67 Billion Shiba Inu tokens were burned in the past week while 1.69 Billion SHIB was burned in the last 24 Hours.

In an unbelievable task, the Shiba Inu investors have successfully burned 5,677,307,518 (5.67B) SHIB through different transactions in the past seven days. This massive task was done by three notable burners, Blaze Token, Mysterious Wallet, and CultPunks, who collectively contributed to the task.

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Blaze Token

Blaze Token, a newly formed asset, quickly incorporated itself into the industry by burning 3,700,789,543 (3.70B) SHIB through two different transactions.

The firm’s first burn transaction on May 3rd removed a whopping 2,005,265,274 (2B) SHIB, worth $19,992, from circulation forever. Their second burn happened on the 8th of May with another massive burn of 1,695,524,269 (1.69B), bringing them into the first spot of the SHIB burner of May so far.

Mysterious Wallet

The mysterious wallet came second in the task after a ground-breaking 1,695,572,371 burn worth (1.69B). Meanwhile, the owner of the wallet remains unknown.

CultPunks

CultPunks, a newly created NFT on Modulus Network, was part of the project. Cultpunks burned 246,743,138 (246.74M) SHIB from circulation forever in a single transaction done on May 3rd. This milestone gave CultPunks the third spot among the top SHIB burners in the last seven days.

Shiba Inu (SHIB) in 24 Hours Burn

Shibburn.com information stated that the token investors have burned 1,699,451,700 (1.69B) SHIB in the past 24 hours. This huge project has increased the overall SHIB burn rate by 12199.82% in the last 24 hours.

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