Recently shared statistics on burned Shiba Inu tokens show that almost 120 million of them have been destroyed over the past 24 hours
Shibburn’s Twitter User spreads the word that another massive amount of SHIB tokens have been sent to unusable wallets and taken out of circulation in the last day.
This burning happened as the Shiba Inu price rose as high as $0.000032 earlier today.
120 million items incinerated
Over the past 24 hours, multiple crypto addresses have burned a total of 116,432,319 SHIB tokens. Within hours, more SHIBs were taken out of circulation.
Overall, a total of 119,729,010 meme tokens have been locked up in unspendable wallets for good.
Earlier on February 17, U.Today covered that the top 1,000 Ethereum investors had accumulated over $2 billion worth of Shiba Inu in their wallets. In addition, SHIB had returned to the top 10 most purchased assets; however, it is behind MATIC on this list.
SHIB price action, coin hits $0.000032
The second largest meme crypto (SHIB) has finally gotten itself out of the low range of $0.000019-$0.000023, where it had been trading for roughly two weeks—from Jan. 22 until Feb. 6. Since then, the coin has managed to reach a high of $0.000033 but then it went down to $0.000028.
Earlier today, the canine cryptocurrency managed to hit the $0.000032 level, according to data provided by CoinMarketCap. As of press time, Shiba Inu is changing hands at $0.00003043.
