Massive SHIB burn by Ethereum co-founder remains landmark event in cryptocurrency history
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This act effectively reduced the total supply of SHIB by almost half. The remaining 10% of his holdings were earmarked for a charity, aligning with his values of supporting life-saving efforts with a long-term vision.Fast forward 1,084 days, and the cryptocurrency scene has changed substantially. The act of burning such a vast amount ofhas had a lasting impact on the token's perception and value.
As the crypto market is influenced by a myriad of factors, such as technological advancements, price dynamics and shifts in investor sentiment, the current price of SHIB is the result of a complex interplay of these dynamics.410 Trillion Shiba Inu Burn by Ethereum's Vitalik Buterin Might Be Biggest of All Time: Details
Nonetheless, the SHIB burn by the Ethereum co-founder remains a landmark event in cryptocurrency history. As previously reported, this mega burn now worth a whopping $10 billion might be the biggest of all time for crypto transactions, if burns are considered.. The SHIB team in March burned billions of SHIB tokens alongside BONE and LEASH. In the last 24 hours, a total of 4,725,055 SHIB tokens were burned in six transactions. At the time of writing, SHIB was up 0.46% in the last 24 hours to $0.
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