Slightly under one billion Shiba have been burned thanks to efforts of various burn initiatives that strive to diminish its supply
As reported by crypto tracking service @shibburn, in the last 24+ hours nearly three-quarters of a billion SHIBs have been burned, i.e. sent to crypto-wallets. dead currency.
706 million SHIB removed from circulation
A recent tweet by the platform shows that over the past 24 hours, the SHIB community has locked a total of 697,829,091 meme tokens in dead wallets, taking 52 transactions to achieve that.
Over the past few hours, the number of burnt Shiba has risen to 706,186,411 pieces.
The goal of “burns” in the case of crypto is to reduce a coin’s supply and push as many coins out of circulation as possible in order to push the price up.
High-End Yacht Company Now Accepts SHIB
Camper & Nicholsons, a luxury yacht charter and brokerage company, has entered into a strategic partnership agreement with crypto payments processor BitPay, and now the former will start accepting digital currencies for its services: purchase, charter, etc. .
Among the cryptocurrencies BitPay works with is Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, etc. As of 2021, BitPay has also been working with Shiba Inu, the second largest meme cryptocurrency.
Camper & Nicholsons is one of the largest yacht companies in the world and was founded in 1782. Currently, it has 11 offices on four continents, operating over 140 yachts to provide its services.
