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Only One Transaction In 24 Hours Burns 21M Shiba Inu

Altcoins

thecryptobasic.com 15 November 2022 09:23, UTC
  
Reading time: ~2 m

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.

In the past 24 hours, there have been a total of 20,999,999 $SHIB tokens burned and 1 transaction. Visit https://t.co/t0eRMnhnPL to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy

— Shibburn (@shibburn) November 15, 2022

That single transaction solely burnt 20.9M SHIB.

In the past hour, there have been a total of 20,999,999 $SHIB tokens burned and 1 transaction. #shibarmy

— Shibburn (@shibburn) November 14, 2022

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.

#1CentEcosystem
Seguimos cumpliendo cada semana..

SHIB 21,000,000https://t.co/RbR6AE5iTN

BONE 121https://t.co/psCXR6iHIO

ADA 103https://t.co/lQnjR184Ng#Shib #bone #CardanoCommunity #altcoins #BSC #btc #Crypto #cryptocurrency #SHIBARMY #certik pic.twitter.com/aSTlRtB2cN

— 1Cent (@1Cent_token) November 14, 2022

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).


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