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Showing posts with the label 64 billion shib

Shiba Inu: How Much SHIB Has Been Burned in 2022 So Far?

Shiba Inu has set a record-breaking burn streak by burning billions of memecoin in 2022. The SHIB community has been on a quest to transfer millions of SHIB to dead wallets and destroy the coins from circulation ever since the year started. The main goal of the burning mechanism was to decrease the amount of Shiba Inu that was in circulation, which is likely to increase demand and drive&nbsp ;up the price. As a result, numerous measures to speed up burning have begun for just this purpose. A Twitter user who goes by the username @_Lady_Crypto_ shared an update regarding the SHIB burns. According to the tweet, a whopping 64 billion SHIB has been sent to dead wallets and removed from circulation. 👀 WHOOP! 💥 THERE IT IS! 💥 🔥🔥 64 BILLION $SHIB 🔥🔥 BURNED & GONE FOREVER! pic.twitter.com/r0KagbGpJS — 𝐋𝖆𝖉𝖞 🔥 𝐂&#1202...