Wednesday, November 30, 2022
HomeBusinessShiba Inu burns 176 million tokens, burn rate increased by 256%

Shiba Inu burns 176 million tokens, burn rate increased by 256%

The Shiba Inu team continues to burn Shiba Inu tokens, taking the burn rate of this meme token to above 250% once again. The SHIB Army is burning tokens every hour to deplete tokens from the circulating supply. This time the team has sent 176 million Shiba Inu tokens to the dead end wallets. This increased the burn rate of the token to 256%.

Shibburn As per reports, the Shiba Inu’s burn rate has reached 256.13% in the last 24 hours. Shibburn Platform shiba inu Also does key burning and tracking of tokens being burned. The latest figures from the website show that the world’s second largest number of memes in the last 24 hours cryptocurrency has been burnt. Shiba Inu Army has sent 176,545,974 tokens to dead wallets. For this the team has done 29 transactions.

According to on-chain data platform WhaleStats shiba inu The rank of top holding has come down in terms of cryptocurrencies. EthereumBSC and Polygon As stated by the platform that tracks tokens ethereum The Shiba Inu, which was ranked first in the list of Top 10 Digital Assets Holding by Whales, is now ranked fifth. This is because recently Ethereum whales have sold a large number of tokens. According to the platform, Ethereum whales have sold 1.5 trillion Shiba Inu tokens, leading to a significant reduction in Shiba Inu holdings by the largest 100 Ethereum whales.

The report said that while on Monday these whales had a Shiba Inu worth $159,673,102, on Tuesday this holding rose to $140,264,215. There was a difference of 1,444,866,920,152 coins in Shiba Inu Holding. Shiba Inu current price Talking about it, today there is a slight increase in its price. At the time of writing this news, Shiba Inu in India was trading with a gain of 1.01% at Rs.0.00104.

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