In a recent tweet, the Shibburn Twitter account team shared that another round of SHIB burning has taken place in the past 24 hours.
In total, over a quarter of a billion Shiba Inus have been destroyed.
In the past 24 hours, there have been a total of 287,321,056 $SHIB tokens burned and 12 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy
—Shibburn (@shibburn) April 23, 2022
287.3 million SHIBs withdrawn from the market
Shibburn shared data from its website, which indicates that in the last 24 hours, 287,321,056 Shib coins were sent to wallets”infernal“, where they have been permanently locked without the possibility of withdrawal.
Sending that quarter of a billion SHIBs to blocked addresses took 12 transactions, according to the website’s SHIB burning page.
The largest amount of SHIB burned is 200,026,215, these Shiba tokens were destroyed about 22 hours ago.
SHIB burn rate skyrockets
Shiba’s circulating supply now stands at 552,340,224,547,464 tokens.
According to data from the Shibburn website, the burn rate of the second most popular meme cryptocurrency has jumped an impressive 8,309% in the past 24 hours.