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.
Shibburn, a Shiba Inu burn initiative, says it will soon announce upcoming Web3 projects that will be integrated into the revamped Shibburn site. According to it, these "include a marketplace, wallet, and a few other surprises, powered by Shib token."
Hi everyone,
— Shibburn (@shibburn) April 2, 2023
I would like to take a moment to address an important update regarding the total supply of $SHIB on our website. As you may have noticed, the numbers have changed. The total burnt from initial supply is now 410,630,074,492,220, and the total supply is now…
It promises to share more details on these as well, soon. The Shib burner has also made known an important update on Shib burning. It says all the while it had tracked burns that occur within verified burn addresses; however, some transactions have been sent to the SHIB contract address, which is also unrecoverable.
The reasons for sending these transactions to the SHIB contract might be intentional or unintentional. The Shib burner also says it has been informed of other transactions that were sent to other contracts with renounced ownership, whose updates will be provided soon.
Other updates by Shibburn
In March 2022, 6,782,788,547 tokens were reported to have been burned; however, with the addition of 326,548,824 sent to the SHIB contract, this now totals 7,109,337,371 SHIB burned.
In addition, for the year 2022, 83,347,071,504 tokens were reported to have been sent to dead wallets. However, with 17,150,817,835 SHIB unaccounted for (these were sent to the contract), the new total is now 100,497,889,339 SHIB burned.
Tomiwabold OlajideCurrently, the amount of SHIB transactions sent to the SHIB contract stands at 237,970,848,115 SHIB, with a value of $2,608,160. So far this year, there have been 1,002,593,057 tokens sent to the SHIB contract.
The Shib burner also addresses an important update regarding the total supply of Shib on its website, which is now updated to reflect the correct amount of Shib burned so far. The total SHIB burned from the initial supply of 1 quadrillion tokens is now 410,630,074,492,220, and the total supply is now 589,369,925,507,779 SHIB.
Gamza Khanzadaev
Dan Burgin
U.Today Editorial Team
Vladislav Sopov