A quarter of a billion SHIB burned in 24 hours

According to data provided by wallet tracking platform Shibburn on its website, over the past 24-hour period, SHIB Army has contributed to the removal of a significant amount of meme tokens from the circulating supply.

In total, 247,753,783 SHIB were transferred into non-spendable wallets and locked there forever with a 35.88% increase in burn rate.

Among the transactions that transferred all those hundreds of millions of SHIB to dead wallets, there was one transaction that carried a staggering 191,531,588 SHIB – almost the entire amount that was burned.