The Shiba Inu community has worked hard to burn more SHIB, according to statistics given by the Shibburn website, which monitors down SHIB burn transactions through Etherscan.
More than 112.9 million SHIB have been destroyed by them in the previous 24 hours. A whale that had been asleep for 2.2 years was responsible for burning the majority of this SHIB stockpile.
The top 10 burn transfers for SHIB have been listed by Shibburn in the interim.
113 million SHIB burned thanks to this whale
Shibburn reported that a total of 112,901,883 SHIB had been transmitted to dead-end wallets since yesterday morning. The burn rate has increased by 392.27% due to these fires.
An unidentified whale transferred 77,524,940 SHIB, the greatest portion of the aforementioned quantity of Shiba Inu meme coins, to an unspendable wallet eight hours ago. This wallet has only done three transactions, and the first one was conducted 813 days and 20 hours ago, or almost 2.2 years ago, according to Etherscan.
The SHIB army has burned 1,969,636,885.18 meme coins during the past month, according to CryptEye, another source of SHIB burn statistics. It obliterated 26,457,627,807,82 SHIB during the past six months.
Once Shytoshi Nakamoto and his development team launch the Shibarium mainnet, large Shiba Inu burns are anticipated. This is anticipated to occur following the conclusion of the Blockchain Futurist Conference in Toronto on August 16. SHIB will be one of the event’s official sponsors, and Kusama said he will deliver a speech remotely via artificial intelligence.
The transactional token for Shibarium will be called BONE. A portion of the BONE fees will be converted into SHIB and given to dead wallets after that. The Shiba Inu community is predicted to burn trillions of Shiba Inu every week.
Top 10 SHIB burn transfers
The 10 biggest SHIB transfers sent to dead-end addresses were also disclosed by the aforementioned burn tracker. The enormity of each of these transactions, even if they were all completed in 2021 and 2022, cannot help but astound.
Except for number 10, each of them burnt at least 10 billion SHIB tokens.
Transfer number 10: 6,757,888,485 $SHIB (Sept. 10, 2021).
Transfer number 9: 10,000,000,000 SHIB (May 18, 2022).
Transfer number 8: 12,000,000,000 SHIB (July 6, 2021).
Transfer number 7: 15,678,987,386 SHIB (Feb. 3, 2021).
Transfer number 6: 17,000,000,000 SHIB (May 18, 2021).
Transfer number 5: 17,797,465,961 SHIB (Aug. 27, 2021).
Transfer number 4: 19,940,129,816 SHIB (April 5, 2021).
Transfer number 3: 26,981,871,357 SHIB (Sept. 26, 2020).
Transfer number 2: 60,258,639,169 SHIB (April 7, 2021).
Transfer number 1: 410,241,996,771,871 SHIB (May 16, 2021).
