Only One Transaction In 24 Hours Burns 21M Shiba Inu

– Advertisement –

Follow-Us-On-Google-News

Over 20.99 Million Shiba Inu (SHIB) has been burned in the past 24 Hours.

Shiba Inu Community continues to burn millions of canine-themed tokens every day. But the extraordinary thing is that in the past twenty-four hours, only one transaction has contributed to Shib’s burn.

 

That single transaction solely burnt 20.9M SHIB.

Upon investigation, it has been confirmed that the burn transaction came from one of the most active SHIB Burn Projects named “1Cent”. The community-led burn initiative not only burned Shiba Inu but also has put a match to 121 Bone ShibaSwap (BONE), in a separate transaction.

Since March 14th, 2022, the 1Cent Token has consistently organized its Weekly Burn Event to burn a considerable amount of canine-themed cryptocurrency.  Per the project’s official website, the 1Cent till now has incinerated a whopping 3,426,513,566 (3.42B) SHIB, worth $31,256 through multiple transactions.

At press time, Shiba Inu is trading at the price of $0.000009123, up 4.19% over the last day, with a 24-hour trading volume of $236,525,728 ($236.52M).

– Advertisement –

Source: https://thecryptobasic.com/2022/11/15/only-one-transaction-in-24-hours-burns-21m-shiba-inu/?utm_source=rss&utm_medium=rss&utm_campaign=only-one-transaction-in-24-hours-burns-21m-shiba-inu