<ul>
 <li>Shibburn revealed that more than 259 million tokens were burned throughout the past week.</li>
 <li>According to the X post, these SHIB tokens were burned through 66 transactions.</li>
 <li>At press time, SHIB was trading hands at $0.00000803 following a 1.18% 24-hour gain.</li>
</ul>
The <a href="https://coinedition.com/tag/shiba-inu-shib/" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a> token burn tracking platform Shibburn revealed in a X post earlier today that a total of 259,383,545 tokens have been burned over the past week. According to the post, these tokens were burned through 66 transactions.
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 In the last 7 days, there have been a total of 259,383,545 <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SHIB</a> tokens burned and 66 transactions. <a href="https://twitter.com/hashtag/shib?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#shib</a> <a href="https://t.co/GSghYogKMy" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/GSghYogKMy</a>— Shibburn (@shibburn) <a href="https://twitter.com/shibburn/status/1721015245559288016?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 5, 2023</a>
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Although the amount of tokens burned in the past 7 days is impressive, it is a 52.4% decrease compared to the previous week. Meanwhile, the value of the tokens removed from circulation is estimated to be $2,061.78.
The recent token burns seem to have had a positive effect on the meme coin’s price, as CoinMarketCap showed that SHIB registered a 24-hour gain. At press time, SHIB was up 1.68% and was trading hands at $0.00000803 as a result. Notably, this daily gain was also enough to flip the crypt…
The post <a href="https://coinedition.com/shibs-price-up-slightly-as-259-million-tokens-get-burned/" rel="noopener noreferrer nofollow">SHIB’s Price Up Slightly as 259+ Million Tokens Get Burned</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

SHIB’s Price Up Slightly as 259+ Million Tokens Get Burned

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