SHIB army has destroyed another large SHIB lump; meanwhile the meme coin has risen by over 5 percent
The @shibburn account that represents the burning transaction tracking service of the same name reported that in the past 24+ hours, nearly 190 million Shiba Inu tokens have been removed from circulating supply.
In the meantime, the second biggest canine crypto, ranked 14 by CoinMarketCap, has shown a five-percent rise today, printing a big green candle on an hourly chart.
189.7 million SHIBs incinerated
The team behind the @shibburn account shared that in the last twenty-four hours, the SHIB community made seven transactions, moving a total of 189.7 million tokens to various unusable addresses.
The largest amount of meme tokens transferred within the aforementioned period of time was 176,035,016 Shiba Inu.
A few hours later, another transfer carrying 8,946,544 SHIBs took place, amounting to 189.7 million canine pieces burned by the SHIB army.
SHIB may start trading on this Middle East exchange
As reported by U.Today previously, Rain crypto exchange located in the Middle East is considering whether it should list the meme cryptocurrency.
The exchange’s Twitter account recently posed this question to the SHIB Army in a tweet.
The platform has recently raised a whopping $110 million in an investment round from Paradigm – a crypto-focused investment company from San-Francisco.
Rain intends to use the money to expand his business in Turkey and Pakistan.
