21.1 Million SHIB Burned in Past 24 Hours, While New SHIB Burn Site Kicks Off
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
According to the recent tweets posted by the Twitter account that often reports new SHIB token burns, over the past twenty-four hours, over 21 million SHIB coins has been sent to an unspendable wallet.
SHIB army says goodbye to another 21.1 million SHIB
The Shiba Inu community continues burning millions of SHIB tokens on a daily basis, making the circulating supply of the second largest canine cryptocurrency shrink. By now, over the past twenty-four hours, a total of 21,104,209 SHIB has been burned, as reported by the @shibburn Twitter account.
From that amount, 2,837,414 SHIB has been so far burnt today.
In the past 24 hours, there have been a total of 19,221,317 $SHIB tokens burned and 13 transactions. So far, a total of 410,300,790,125,771 #SHIB tokens (41.03008%) have been burned from the initial supply of 1 quadrillion. #shibarmy
— Shibburn (@shibburn) January 15, 2022
By now, slightly over 41 percent of SHIB supply in circulation has been burned.
New SHIB burn website launched
Twitter user @shibburn has also announce that they have launched a new website that offers data on SHIB burn transactions and has a link to etherscan to confirm them as well.
I hope you like the new website. As you may have noticed, the links on Twitter have changed and now directs you to the Shibburn site. Same transaction info and the link to Etherscan is on there. https://t.co/IlgYA0RWc6
— Shibburn (@shibburn) January 15, 2022
Number SHIB holders hits new ATH but still behind BabyDoge
WhaleStats blockchain tracker has shared the news that the number of crypto wallets holding Shiba Inu tokens has surged to a new all-time high of 1,140,151.
That is still behind the number of wallets that hold another trending meme coin now – BabyDoge. As reported by U.Today on January 12, there are now a total of 1,205,517. Top BNB whales now hold a $3,921,073 worth of BabyDoge (that’s 1,021,210,347,125,265 tokens).
Back to Shiba Inu, WhaleStats added that the top 1,000 ETH whales are holding 51,797,443,284,681 SHIB in their addresses, which equals to $1,618,039,118.
? New Record: $SHIB reaches an astonishing 1,140,000+ holders.
— WhaleStats - the top 1000 Ethereum richlist (@WhaleStats) January 15, 2022
Current Holder Count: 1,140,151
? The top 1000 ETH wallets are holding 51,797,443,284,681 $SHIB ($1,618,039,118 USD)
Source: https://t.co/keN3btSnKj#SHIB #ShibArmy