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Shiba Inu

<p><strong>Over 341.50 million Shiba Inu burned in the past 24 hours. </strong></p> 
<p>Shiba Inu Community has moved out 341.50 million SHIB from circulation forever in the past day. This feat was achieved through five transactions.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">In the past 24 hours, there have been a total of 341,504,230 <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> tokens burned and 5 transactions. Visit <a href="https://t.co/t0eRMnyZel">https://t.co/t0eRMnyZel</a> to view the overall total of <a href="https://twitter.com/hashtag/SHIB?src=hash&amp;ref_src=twsrc%5Etfw">#SHIB</a> tokens burned, circulating supply, and more.</p> 
 <p>— Shibburn (@shibburn) <a href="https://twitter.com/shibburn/status/1671729746902765568?ref_src=twsrc%5Etfw">June 22, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>This <a href="https://thecryptobasic.com/2023/06/10/single-wallet-burns-207m-shiba-inu-as-shib-price-falls-21/">latest burn event is the largest</a> since June 10th when the Community transferred 211,140,844 (211.14 million) SHIB to a dead wallet using three different transactions. Since then, no significant burns have been recorded, making this recent development even more notable.</p> 
<h2 id="biggest-burners">Biggest Burners</h2> 
<p>Koyo Token (KOY) and the mysterious wallet emerged as the biggest burners of SHIB.</p> 
<h3 id="koyo-token">Koyo Token</h3> 
<p>Koyo Token (KOY) took the lead in burning the most SHIB in a single transaction. The community-driven project sent a staggering 252,873,213 (252.87 million) SHIB to the dead wallet in a single transaction. Per Shibburn.com data, the transaction took place about thirteen hours ago.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> 252,873,213 <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> -&gt; transferred to dead wallet. <a href="https://t.co/UoPEbIFzBw">https://t.co/UoPEbIFzBw</a></p> 
 <p>— Shibburn (@shibburn) <a href="https://twitter.com/shibburn/status/1671571222763536405?ref_src=twsrc%5Etfw">June 21, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h3 id="mysterious-wallet">Mysterious Wallet</h3> 
<p>Shortly after, the mysterious wallet suddenly appeared, which had remained inactive for nearly two years. It transferred its entire SHIB holdings, totaling 84,405,747 (84.40 million) SHIB, to the inferno address in a single transaction.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> 84,405,747 <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> -&gt; transferred to dead wallet. <a href="https://t.co/ZyZfqHOvRy">https://t.co/ZyZfqHOvRy</a></p> 
 <p>— Shibburn (@shibburn) <a href="https://twitter.com/shibburn/status/1671664333636489216?ref_src=twsrc%5Etfw">June 21, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>This massive burn has caused the overall burn rate to skyrocket by 6936.88% over the last day.</p> 
<figure id="attachment_50760" aria-describedby="caption-attachment-50760" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class=" wp-image-50760" title="Shiba Inu Burn Rate" src="https://thecryptobasic.com/wp-content/uploads/2023/06/Shiba-Inu-Burn-Rate.png" alt="Shiba Inu Burn Rate" width="681" height="546" srcset="https://thecryptobasic.com/wp-content/uploads/2023/06/Shiba-Inu-Burn-Rate.png 468w, https://thecryptobasic.com/wp-content/uploads/2023/06/Shiba-Inu-Burn-Rate-150x120.png 150w, https://thecryptobasic.com/wp-content/uploads/2023/06/Shiba-Inu-Burn-Rate-300x240.png 300w" sizes="(max-width: 681px) 100vw, 681px">
 <figcaption id="caption-attachment-50760" class="wp-caption-text">
  Shiba Inu Burn Rate
 </figcaption>
</figure> 
<h2 id="shiba-inu-regains-14th-place">Shiba Inu Regains 14th Place</h2> 
<p>Shiba Inu flipped DAI, WBTC, and TON to become the world’s 14th biggest cryptocurrency by market capitalization.</p> 
<p>This notable burn event has significantly boosted Shiba Inu as it witnesses a 13% increase in its value over the last day. This increase in value propelled SHIB to become the world’s 14<sup>th</sup> biggest cryptocurrency by market capitalization while flipping DAI, WBTC, and TON.</p> 
<figure id="attachment_50761" aria-describedby="caption-attachment-50761" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class=" wp-image-50761" title="Shiba Inu is Now Worlds 14th Biggest Cryptocurrency" src="https://thecryptobasic.com/wp-content/uploads/2023/06/Shiba-Inu-is-Now-Worlds-14th-Biggest-Cryptocurrency-600x187.png" alt="Shiba Inu is Now Worlds 14th Biggest Cryptocurrency" width="683" height="213" srcset="https://thecryptobasic.com/wp-content/uploads/2023/06/Shiba-Inu-is-Now-Worlds-14th-Biggest-Cryptocurrency-600x187.png 600w, https://thecryptobasic.com/wp-content/uploads/2023/06/Shiba-Inu-is-Now-Worlds-14th-Biggest-Cryptocurrency-1024x319.png 1024w, https://thecryptobasic.com/wp-content/uploads/2023/06/Shiba-Inu-is-Now-Worlds-14th-Biggest-Cryptocurrency-768x239.png 768w, https://thecryptobasic.com/wp-content/uploads/2023/06/Shiba-Inu-is-Now-Worlds-14th-Biggest-Cryptocurrency-1536x479.png 1536w, https://thecryptobasic.com/wp-content/uploads/2023/06/Shiba-Inu-is-Now-Worlds-14th-Biggest-Cryptocurrency-150x47.png 150w, https://thecryptobasic.com/wp-content/uploads/2023/06/Shiba-Inu-is-Now-Worlds-14th-Biggest-Cryptocurrency-300x93.png 300w, https://thecryptobasic.com/wp-content/uploads/2023/06/Shiba-Inu-is-Now-Worlds-14th-Biggest-Cryptocurrency-696x217.png 696w, https://thecryptobasic.com/wp-content/uploads/2023/06/Shiba-Inu-is-Now-Worlds-14th-Biggest-Cryptocurrency-1068x333.png 1068w, https://thecryptobasic.com/wp-content/uploads/2023/06/Shiba-Inu-is-Now-Worlds-14th-Biggest-Cryptocurrency.png 1913w" sizes="(max-width: 683px) 100vw, 683px">
 <figcaption id="caption-attachment-50761" class="wp-caption-text">
  Shiba Inu is Now World’s 14th Biggest Cryptocurrency.
 </figcaption>
</figure> 
<p>As of press time, Shiba Inu is trading at the price of $0.000008311 with a 24-hour trading volume of $249,319,964 ($249.31 million). The market capitalization of SHIB now stands at $4,867,835,627 ($4.86 billion).</p>
<p>The post <a href="https://thecryptobasic.com/2023/06/22/341m-shiba-inu-burned-in-a-day-as-shib-climbs-to-14th-position-among-top-cryptos/">341M Shiba Inu Burned in a Day as SHIB Climbs to 14th Position Among Top Cryptos</a> first appeared on <a href="https://thecryptobasic.com">The Crypto Basic</a>.</p>
<p><a href="https://thecryptobasic.com/2023/06/22/341m-shiba-inu-burned-in-a-day-as-shib-climbs-to-14th-position-among-top-cryptos/">Read more</a></p>

341M Shiba Inu Burned in a Day as SHIB Climbs to 14th Position Among Top Cryptos

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