The SHIB community has burned over a quarter of a billion SHIB coins in a single day, with the majority of them burned by an anonymous whale. The price of SHIB is attempting to surpass the $0.000033 resistance level and has increased by 5.21% in the past 24 hours. The SHIB community has transferred 273,823,767 SHIB to dead-end addresses, increasing the daily burn rate by 412%. A significant transaction of 250 million SHIB was transferred to an unspendable wallet by an anonymous address. This burn was followed by additional transactions that destroyed millions of SHIB coins. The founder of the CENT meme coin has been identified as burning the 250 million SHIB coins. This is the third time in a week that large amounts of SHIB coins have been burned by creators of other cryptocurrencies.
- Content Editor ( u.today )
- 2024-12-07
250,000,000 SHIB in Single Move — What’s Happening?