463.3 million $SHIB get burned as whales increase their SHIB holdings. shibburn shibarmy
to"inferno" addresses, where they will be locked up on a permanent basis, according to @shibburn Twitter account.
While these burns have been happening, the price of Shiba Inu has shown a plunge of over 10% since yesterday morning, whereas multiple initiatives to reduce the circulating supply of SHIB by burning is supposed to make the price go up.The @shibburn token burn tracker that is focused on Shiba Inu only and conducts big SHIB burns itself, has shared that since Thursday morning, a comprised 463,342,447 memeBurning the equivalent of $11,782 in SHIB has taken 31 transactions to dead-end wallets.
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