Massive Shiba Inu Burn of 98M in the Past Week by Shib Army

In the past week, a group of Shiba Inu advocates worked to burn many Shiba Inu coins from circulation. This was accomplished through thirty-six different transactions, and the total amount of coins removed was 98,282,540 (98.28M).

In the last 7 days, there have been a total of 98,282,540 $SHIB tokens burned and 36 transactions. #shibarmy
— Shibburn (@shibburn) February 19, 2023

On February 13, a mysterious Binance user sent a whopping 39,515,844 (39.51M) SHIB to the dead wallet over the course of seven transactions, marking it as the biggest burn of the week.

Read article: Shiba Inu to Join Other Assets on OKCoin Japan

The SHIB Super Store actively removed Shiba Inu coins from circulation in the past week. According to a tweet from the team responsible for the coin-burning initiative, they utilized the official SHIB Burn Portal to remove 8,775,205 (8.77 million) Shiba Inu coins.

Burn and reward

8.7M Burned
8.7M Rewarded

Total of about $237https://t.co/pkhy23VoIM pic.twitter.com/QixIHrUBmv
— SHIB Super Store (@shib_superstore) February 20, 2023

24 Hours Burn

According to a report released by Shibburn.com, in the past 24 hours, the Shiba Inu Community has worked collaboratively to burn a significant number of Shiba Inu coins from circulation. The report states that they were able to burn an impressive amount of 9,891,603 (9.89 million) Shiba Inu coins through three separate transactions.

In the past 24 hours, there have been a total of 9,891,603 $SHIB tokens burned and 3 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy
— Shibburn (@shibburn) February 20, 2023

Olasunkanmi Abudu

Olasunkanmi Abudu is a Web3 content writer with over five years of experience covering blockchain, decentralized finance, and digital assets. He specializes in producing well-researched and accessible content that explains complex technologies and market trends to both general readers and industry professionals.

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