Over 96.95 Billion Shiba Inu (SHIB) Burnt within the Past 24 Hours and 2.41 Billion in the Past 7 Days.
Data from the tracking platform Shibburn shows that past week over 2.41 Billion tokens of the dog-inspired cryptocurrency Shiba Inu (SHIB) was burned with nearly 236 separate transactions. 1Cent token and Travis Johnson’s SHIB Burn Games are among the major SHIB Burn contributors of the Week.
As per a recent tweet from Shibaburn.com, the SHIB Army has permanently removed a whopping total of 2,417,015,301 (2.41B) SHIB tokens from circulation in the last seven days through 236 separate transactions.
In the last 7 days, there have been a total of 2,417,015,301 $SHIB tokens burned and 236 transactions. #shibarmy
— Shibburn (@shibburn) May 29, 2022
1CENT Weekly BURN EVENT:
Among prominent SHIB Burners, the SHIB-inspired token, “1Cent,” organized its Weekly Burn Event on Tuesday. In two separate transactions, the 1Cent token has destroyed an astounding amount of 74,450,084 (74.45M) SHIB. The team behind the token first sent 7,529,854 (7.52M) SHIB to the dead wallet in one transaction. Following the first burn transaction, the team took a gap of almost one hour and later performed another transaction through which 66,920,230 (66.92M) more of SHIB have been destroyed, Etherscan.io reports.
Soon after organizing the Weekly BURN EVENT, the team updated the total number of Burn SHIB tokens on its official website. The project claims to burn a whopping total of 2,161,207,079 (2.16B) SHIB through 11 separate transactions since March 14th, 2022.
Past 24 Hour Burn:
Besides weekly burns, a total number of 96,956,046 (96.95M) SHIB tokens have been sent to the dead wallet by Shiba Inu Community through 19 separate transactions in the last 24 hours, with the help of the SHIB Burn Portal, Shibburn.com reports
In the past 24 hours, there have been a total of 96,956,046 $SHIB tokens burned and 19 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy
— Shibburn (@shibburn) May 30, 2022
Top SHIB Burner of the Day: Travis Johnson’s SHIB Burn Games
Travis Johnson’s SHIB Burn Games, one of the prominent SHIB Burner Projects, made the single largest burn transaction in the past 24 hours while organizing its Second Weekly Burn Event. The burn transaction includes over 48.9 million Shiba Inu tokens.
The company shared a few screenshots and a transaction link via tweet as a “Proof of Burn” with the community following the Burn Event.
Burned!
48.9M SHIB
($559.77!)Amazon will be included next week!
Keep hitting that #1levelchallenge on Bricks Buster, that is still the undisputed #1 burner in our arsenal.https://t.co/Dbw1SgTp8Xhttps://t.co/d0goxr6sys pic.twitter.com/DUF1zwjLTO
— SHIB Super Store (@shib_superstore) May 29, 2022
Before this, the developer of Brick Busters game organizes the Monthly Burn Event on the 15th of every month. Following the announcement of the distribution of the first ShibaBurn rewards, the company decided to change its burning schedule, i.e., SHIB Burn Games will now burn SHIB every week instead of once a month.
The company has been contributing to Shiba Inu Burns since November 2021. Since then, the project claimed to remove 2,085,102,807 (2.08B) SHIB tokens from circulation forever.
On May 26 (Thursday), the firm introduced a new way to burn SHIB, i.e., Burning SHIB via Amazon. The company declared the Amazon affiliate program accepted SHIB Super Store’s official website. Therefore, from now onwards, the shop intends to use from 1 to 20% of its profits to burn shib.
***NEW WAYTO BURN SHIB***https://t.co/d0goxr6sys has been accepted into the Amazon affiliate program!
Use the Amazon link on the front page!
You can buy literally anything! By using the link provided, depending on item, between 1% and 20% of purchase price will be burned! pic.twitter.com/mrU0jxM97N
— SHIB Super Store (@shib_superstore) May 26, 2022
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Source: https://thecryptobasic.com/2022/05/30/96-million-shiba-inu-burnt-in-24-hours-2-41-billion-in-7-days-contribution-details/?utm_source=rss&utm_medium=rss&utm_campaign=96-million-shiba-inu-burnt-in-24-hours-2-41-billion-in-7-days-contribution-details