303M Shiba Inu Tokens Burned in the Past 24 Hours

The team behind shibburn account has shared that within the last twenty-four hours, the SHIB community has conducted five transactions, moving a total of 303 million tokens towards a dead wallet. According to data provided by Shibburn.com, the burn rate shows an increase of a whopping 3043.73% from the previous day, where only 7.70 million tokens were reported be destroyed. In the past 24 hours, there have been a total of 303,686,273 $SHIB tokens burned and 5 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy — Shibburn (@shibburn) March 29, 2022 Two massive transactions were tracked towards a dead wallet responsible for a surge in burn rate. These transactions were carried out with a gap of almost 9 hours. In the first transaction, 290 million SHIB were reported to be transferred to the dead wallet. In another transaction, 10 million tokens were taken out of circulation. 🔥 10,000,000 $SHIB -> transferred to dead wallet. https://t.co/utVJiqB93J — Shibburn (@shibburn) March 28, 2022 Meanwhile, SHIB price manages to reclaim a 15 billion market cap and is currently trading at $0.00002810, up 6.1% from the past 24 hours. At the same time, the 24-hour trading volume for the meme-based cryptocurrency has also skyrocketed over 200% to $3.27 billion compared to the previous day. The post 303M Shiba Inu Tokens Burned in the Past 24 Hours appeared first on Cryptoknowmics-Crypto News and Media Platform.