In the past 24 hours, over 149,313,637 (149.31M) $SHIB have been burnt, permanently removed from circulation. It came as a result of a total of 8 transactions, the most significant one executed by a mysterious wallet amounting to 136,221,189 (136.22M) $SHIB. This move was seen as an accomplishment by the Shiba Inu Community, increasing the overall burn rate by 1011.60% compared to the previous day's 8,209,953 (8.20M) SHIB burn. In March 2023 alone, a record-breaking 6,782,788,547 (6.78B) SHIB have been burned using 540 individual transactions.
The popularity of Shiba Inu continues to grow, with the Shibarium Public Beta Testnet, also known as Puppynet, achieving a major milestone of 200K wallets and over 1 million transactions in 179,319 blocks. While the virtual currency has experienced considerable growth, its price has unfortunately dropped 11.8% in the past 30 days. This dip has been caused by the crypto lending company, Voyager, selling $610 million of USDC worth of SHIB and Ethereum (ETH).
Izabella Allen
- 2023-04-01
Celebration and Milestones - SHIB Burns 149M, Shibarium Beta Testnet Reaches Record 200K Wallets
The Shiba Inu community celebrated a 149.31M $SHIB burn in the past 24 hours. Meanwhile, the Shibarium Public Beta Testnet, or Puppynet, achieved a major milestone of 200K wallets and 1M transactions. Unfortunately, the virtual currency has experienced an 11.8% dip over the past 30 days.
