Wallet Holding 337B Shiba Inu Burns 21M Coins

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Over 27.93 Million Shiba Inu (SHIB) burned in the past 24 hours, 21.53 Million in one significant transaction.

Shiba Inu’s Burn Saga continues as SHIB Army collectively removed 27,939,968 (27.93M) SHIB from circulation forever through seven separate transactions in the past 24 hours.

In the past 24 hours, there have been a total of 27,939,968 $SHIB tokens burned and 7 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy

— Shibburn (@shibburn) December 21, 2022

Burn Transaction of the Day:

The most major burn transaction of the day is carried by the mysterious wallet holding $2.80 Million worth of Shiba Inu. As per Shibburn.com’s report, the said wallet sent a whopping 21,537,303 (21.53M) SHIB to the “inferno” address in a single transaction.

🔥 21,537,303 $SHIB -> transferred to dead wallet. https://t.co/4m97AiB2fW

— Shibburn (@shibburn) December 20, 2022

Etherscan.io data reveals that the transaction was executed on December 20^th at 08:00:11 AM +UTC. Following the massive burn transaction, the unknown wallet is left with a humungous 337,152,826,306 (337.15B) SHIB, worth $2,805,111 ($2.80M).

As Shiba Inu Community continues to burn millions of SHIB daily, the SHIB lead developer, Shytoshi Kusama, keeps hinting at the potential launch of Shibarium Beta soon. As reported earlier by The Crypto Basic, Shytoshi Kusama, in his recent telegram message, stated that “Beta is near for Shibarium.”

On the other hand, the top developers have recently taken the first mandatory step towards the potential launch of the much-awaited Shibarium – Layer 2 solution. The Shiba Inu team launched an updated version of the official website of the Shiba Inu token, intending to educate the SHIB Army about the Shiba Inu Ecosystem by compiling all the much-needed information in one place.

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