Unknown Wallet Burns 135 Million Shiba Inu In One Go, 154 Million Shib Destroyed in 24 Hours

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Another 154.89 Million Shiba Inu (SHIB) Burned in the Past 24 Hours; a Single Wallet burned 135.89 Million SHIB.

Over 154.89 Million Shiba Inu (SHIB) has been pushed out of circulation forever in the past 24 hours.

 

Anonymous wallet burned 135.89 Million SHIB in a single transaction causing Shiba Inu’s Burn rate to skyrocket over 425% compared to the last day.

On the other hand, Shiba Inu has officially ended a relationship with its partner token, Ryoshis Vision, regarding the official SHIB Burn Portal. The team clarified that SHIB Burn Portal will remain operational as part of ShibaSwap and will now be powered by Shiba Inu’s internal development team, who’s already working on additional burn utility mechanics with solutions such as the upcoming Shibarium protocol instead of Ryoshis Vision.

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Source: https://thecryptobasic.com/2022/10/12/unknown-wallet-burns-135-million-shiba-inu-in-one-go-154-million-shib-destroyed-in-24-hours/?utm_source=rss&utm_medium=rss&utm_campaign=unknown-wallet-burns-135-million-shiba-inu-in-one-go-154-million-shib-destroyed-in-24-hours