Shiba

Million

Shiba Inu

<p>The post <a href="https://coinpedia.org/crypto-live-news/386-million-shib-burned-urge-for-shiba-inu-petition/" rel="noopener noreferrer nofollow">386 Million SHIB Burned; Urge For Shiba Inu Petition&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Over 387 million tokens worth $12,800 were removed from supply in a single day. The burn hails from an inbuilt mechanism where a portion of the SHIB supply is sent to the burn address for each Shiba Inu transaction executed by users. With Shiba Inu’s price recently increasing, the number of transactions has also increased. However, the impact can be felt in the longterm. Over 723 billion Shiba Inu tokens have been burned since the token’s creation, excluding the famous 410 trillion tokens burned by Vitalik Buterin. Recently some members from the SHIB army started a petition to urge Grayscale in launching a Shiba Inu ETF.</p>

386 Million SHIB Burned; Urge For Shiba Inu Petition

CoinPedia News

Other articles published on Mar 12, 2024

Pepe Price Continues to Pump Another 20% – 3 Other Meme Coins to Watch

After the ‘Multi-Thousand Dollar Move’ Here is What’s Next for the Bitcoin (BTC) Price Rally!

4 Shiba Inu Coin Rivals Shaping The Meme Coin Frenzy In 2024

Getting Cheaper, Getting Higher? Ethereum Dencun Upgrade And The Potential For ETH To Rise Back A...

Trending Cryptos for 100x Gains Amid Crypto Boom: ATOM, Scorpion Casino and Kaspa

French teenagers embrace crypto investments despite legal restrictions

Join our free newsletter for daily crypto updates!