SHIB Burns 1,693% Up, Mammoth SHIB Chunk Gets Gone
2025-07-09 13:00:08
Main Idea
The SHIB token burn rate surged by 1,693%, with a significant burn of 1,042,699,761 SHIB, including a single transaction of 1,000,000,000 SHIB by an anonymous wallet, though the overall circulating supply remains largely unaffected.
Key Points
1. The SHIB burn rate increased by 1,693.7%, with a total of 1,042,699,761 SHIB burned recently.
2. A single anonymous wallet burned 1,000,000,000 SHIB two days ago, contributing significantly to the total burn.
3. Despite the high burn rate, the overall circulating supply of SHIB remains substantial at 589,248,746,682,927 tokens.
4. The daily burn amount has dropped by 98.89% compared to the previous day, with the most recent daily burn totaling 11,195,149 SHIB.
Description
Enormous amount of meme coins shoveled to virtual furnace and gone for good
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