840 Million Shiba Inu Burnt In A Week, 110 Million in 24 Hours: Report

Shiba Inu’s weekly burn drops below 1 Billion.

The Most Powerful Community in the crypto space fails to burn over 1 billion Shiba Inu tokens in a week. Over 110.28 Million SHIB burnt within the Past 24 Hours and 840.76 Million in the Past 7 Days.

Shibaburn.com recently reports that the Shiba Inu Community has permanently removed 840,765,314 (840.76M) SHIB tokens from circulation forever in the last seven days through 107 separate transactions.

In the last 7 days, there have been a total of 840,765,314 $SHIB tokens burned and 107 transactions. #shibarmy

— Shibburn (@shibburn) July 24, 2022

Top SHIB Burn Contributors of the Week:

Travis Johnson’s SHIB Super Store and 1Cent Token make it to the list of the prominent SHIB Burn contributors of the Week.

Travis Johnson’s SHIB Super Store organized its Weekly Burn Event on Sunday. SHIB Super Store sent a total of 46,843,100 (46.84M) SHIB to a dead wallet using SHIB Burn Portal.

Burn!

46.8M SHIB gone!
($550)https://t.co/mEXePQq4CQ

The stand out was Amazon this week, accounting for about 1/3 of the total.

Keep hitting that #1levelchallenge on Bricks Buster! It has proven to be, month after month, our best burning utility.#shib @shibainuart pic.twitter.com/hTDXZkTVWJ

— SHIB Super Store (@shib_superstore) July 24, 2022

On the other hand, 1Cent Token organized its Weekly Burn Event on July 18th, 2022 (Monday). 1Cent Token has incinerated a total of 16,931,926 (16.93M) SHIB in one significant transaction. At the same time, the project carried out another transaction to burn 50 Bone ShibaSwap (BONE), the governance token of the Shiba Inu ecosystem.

??WEEKLY BURN??

$CARDANO 2363https://t.co/zYwHIUpxPK$BONE 50https://t.co/pE6QbbYSS0$SHIB 16,931,926.89https://t.co/fw5O6T2VGv#1CENT #shiba #Shibarmy #xcent #Mcent #altcoin #cryptos #bone #CardanoCommunity #ADA #cryptocurrecy pic.twitter.com/8IV6H82U0n

— 1Cent (@1Cent_token) July 18, 2022

Past 24-Hour Burn:

Besides weekly burns, a total number of 110,289,311 (110.28M) SHIB tokens have been sent to the “inferno” addresses by Shiba Inu Community through 16 separate transactions in the last 24 hours, Shibburn.com reports.

In the past 24 hours, there have been a total of 110,289,311 $SHIB tokens burned and 16 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy

— Shibburn (@shibburn) July 25, 2022

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