SHIB Army has removed another immense lump of SHIB from circulation, destroying around half of it in one go.
258.2 million SHIB removed
The @shibburn tracking platform has again reported a massive piece of Shiba Inu tokens removed from the circulating supply over the past few days. This time, it was a total of 258,294,131 SHIB.
In the past 24 hours, there have been a total of 258,294,131 $SHIB tokens burned and 11 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy
— Shibburn (@shibburn) April 12, 2022
According to the platform's website, almost half of this burned SHIB was moved to an unspendable address in a single transfer—145,686,435 tokens.
The site also shows that currently the circulating supply of the second biggest meme coin now comprises 551,702,456,548,173 SHIB.
A total of 37,985,050,733,100 tokens have been staked at platforms like Binance, ShibaSwap, etc.
As for the burn rate, it has declined by 97.35% over the past 24 hours, when slightly over 10 million SHIB were burned.
Robinhood lists SHIB, SOL, MATIC, COMP
Earlier, U.Today reported that the popular zero-fee investment platform Robinhood had done what the SHIB Army had been looking for: Shiba Inu was added to the platform's line-up, along with three other popular altcoins—Solana (SOL), Polygon (MATIC) and Compound (COMP).
A Twitter user, @ShibaInuHodler, posted a tweet, showing how Shiba Inu can be found on Robinhood. The company, however, has not made an official announcement about it yet.
Shiba Inu ( $SHIB ) is searchable on @RobinhoodApp!! ? #SHIB pic.twitter.com/hsaagR0H47
— SHIB HODLER ? (@ShibaInuHodler) April 12, 2022
At the time of writing, SHIB is up almost 15% on the news, trading at $0.0000267.
Tomiwabold Olajide
Godfrey Benjamin