SHIB Prints Small Rise as 706 Million SHIB Burned in 24 Hours

Data shows that nearly 710 million SHIBs have been burned; meanwhile the room goes up

Data from etherscan shows that over the past 24 hours, a total of 706.1 million SHIB tokens have been sent to a “null address” and taken out of circulation permanently.

Eight transactions originated from eight different addresses. The larger one carried 692,937,338 SHIB and the smaller one only transferred 55,632. All transactions except this one and the other two carried at least one million tokens.

Twitter account “Shibburn” reported one of those recent “burn” transactions carrying 1,050,000 SHIB.

In the past hour, there have been a total of 1,050,000 $SHIB tokens burned and 1 transaction. #shibarmy

— Shibburn (@shibburn) December 23, 2021

Meanwhile, according to CoinMarketCap, the second largest coin even started showing small signs of growth.