41M Shib Burnt In a Day, and Shiba Inu Adds 10K New Holders

Over 41.45 Million Shiba Inu (SHIB) burned in the past 24 hours; also, 10K new holders joined SHIB.

Shiba Inu enthusiasts have permanently removed 41,452,234 (41.45M) SHIB through nine transactions in the past 24 hours.

In the past 24 hours, there have been a total of 41,452,234 $SHIB tokens burned and 9 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy

— Shibburn (@shibburn) December 20, 2022

SHIB Super Store

The most prominent Shiba Inu burn project, named “SHIB Super Store,” incinerated a whopping 32 Million SHIB in a single transaction.

SHIB Super Store recently reported that the individual SHIB Burn project owned by the Game Developer Travis Johnson had sent a gigantic 32,314,923 (32.31M) SHIB to the dead wallet in one significant transaction using the official SHIB Burn Portal. Following the Burn Event, SHIB Super Store shared screenshots taken from the SHIB Burn Portal with the Community as a “Proof of Burn.”

Burn!

Finally, thanks for all your patience, I still am not 100%, maybe only like 50% this sickness has been bad.

32M Burned
34M Rewarded (I had 2M extra from previous cycles)

Next burn is Christmas, let’s make it a good one!https://t.co/d0goxr6sys

I’m going back to bed pic.twitter.com/dTYZJnm2rR

— SHIB Super Store (@shib_superstore) December 19, 2022

Burn Rate

The said burn transaction caused Shiba Inu’s burn rate to surge only 32.87% over the last day.

Shiba Inu Burn Rate Surges Almost 33 Percent in the Past 24 Hours

New Holders

On the other hand, Shiba Inu’s Community continues to grow as the current holder count for the world’s most popular canine-themed cryptocurrency rises to 1,267,070 (1.26M), with a 0.017% increase over the last day. A total of 10,410 new holders joined hands with Shiba Inu Community in the past two weeks alone, per data provided by Etherscan.io.

Shiba Inu Holder Count Rises to 1.26 MillionThis rise in holders is followed by the SHIB’s continuous mainstream adoption all across the globe.

Recently, Virginia-based luxury car dealer Aston Marton Washington D.C. added support for Shiba Inu via BitPay. As reported earlier by The Crypto Basic, over 1.80 million CMC users have Shiba on their watchlists and are keeping an eye on recent SHIB price movements on CoinMarketCap.

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