As per the Crypto Coin burn tracker, in the last 24 hours, a huge amount of Shiba Inu (SHIB) tokens have been removed permanently from circulation in the last 24 hours.
As per analytics, around 1.35 Billion Shiba Inu tokens have been sent to the dead wallet. The burned tokens are estimated to be worth $133,000.
Also Read: Can These 4 Projects make Shiba Inu Reach $1?
In the past 24 hours, there have been a total of 1,351,643,000 $SHIB tokens burned and 14 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy
— Shibburn (@shibburn) April 9, 2022
Shiba Inu reached its all-time high which is $0.0000884 in October last year. Even after regular token burns, the price of the token is keep moving in sideways. At the time of writing this article, Shiba Inu was trading at $0.00002412 with a daily loss of 11.50%.