$BCH

SHIB Burns Skyrocket 27,660% with 503,305,764 SHIB Gone Forever.

Fri, 03/14/2025 - 09:35

Half-billion meme coins pushed out of circulation today.

Popular blockchain tracker Shibburn has published a tweet, notifying the community about a mammoth amount of SHIB has been burned since yesterday morning.

This gigantic burn has triggered an immense five-digit percentage growth in the burn rate.

SHIB burn rate jumps 27,660%

The aforementioned data source spread the word about an astounding rise in the burn rate, which this time reached a whopping 27,660% with 503,305,764 SHIB transferred to unspendable blockchain wallets in total.

According to the same data aggregator, it took 10 burn transactions to remove that massive amount of meme coins from market circulation.