SHIB burns skyrocket 16,717%.

The loyal community of Shiba Inu continues to diminish the circulating supply of its meme cryptocurrency relentlessly, and this is reflected in the recent explosive growth of the SHIB burn rate metric.

SHIB burns skyrocket 16,717% – 600 million SHIB in one go

Data shared by the on-chain tracker Shibburn reveals that during the past 24 hours, the SHIB army has succeeded in reducing the SHIB supply by burning a staggering 602,041,022 SHIB in total.

This massive burn helped propel the burn rate metric by an impressive 16,717.70%. The majority of the burned tokens were moved to an unspendable wallet forever in a single transfer, carrying 600,701,531 SHIB and made by an anonymous wallet.

Until now, it was massive SHIB tokens that have been burned this way.

Check chart for $SHIB