Shiba Inu (SHIB) army has destroyed another large token lump; meanwhile the price has risen by over 5%
Over the past 24 hours, nearly 190 million Shiba Inu (SHIB) have been removed from the circulating supply. Meanwhile, SHIB price has shown a 5% gain today, printing a large green candle on the hourly chart.
SHIB/USD 4-hour chart | Source: TradingView
189.7 million Shiba Inu (SHIB) burned
Within the last 24 hours, the SHIB community performed seven transactions, transferring 189.7 million tokens to various untrusted addresses. The most significant number of tokens transferred during the mentioned above was 176,035,016 Shiba Inu.
In the past 24 hours, there have been a total of 180,744,627 $SHIB tokens burned and 7 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy
— Shibburn (@shibburn) March 19, 2022
A few hours later, another money transfer carrying 8,946,544 SHIBs took place, creating 189.7 million canines burned by SHIB troops.
Middle East-based cryptocurrency exchange Rain is considering whether or not it should list the crypto meme. The exchange’s Twitter account recently raised this question to the SHIB military in a tweet.
The platform recently raised a whopping $110 million in an investment round from Paradigm – a crypto-focused investment firm from San Francisco. Rain plans to use the money to expand his business in Turkey and Pakistan.
Several hours ago, SHIB again got on the list of the favorite crypto assets of the largest 100 Ethereum investors. The tweet has it that the second most popular meme coin is among the top 10 coins that these ETH whales are after.
💎👏 JUST IN: $SHIB @Shibtoken is back on top 10 purchased tokens and most used smart contracts by 100 biggest #ETH whales over the last 24hrs
Whale leaderboard: https://t.co/EIJHDs83fQ#SHIB #ShibArmy #WhaleStats #BabyWhale
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) March 19, 2022
Read more:
- Yet Another Significant Amount Of Shiba Inu Has Been Removed From Circulation Over The Past Day
- Shiba Inu Has Surpassed FTT As The Token With The Biggest USD Value For Top Ethereum Whales