Record 1.3 Billion SHIB Burned But Token Price Remains in Decline

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Record 1.3 Billion SHIB Burned But Token Price Remains in Decline
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The ShibArmy burns 1.3 billion $SHIB within 24 hours. shibburn

This amount of meme coins is worth $32,155. According to the list ofpublished on the Shibburn website, several consecutive transfers stand out from the rest by their size.

Three transactions burned more than 100 million SHIB, while another three moved between 210 million and 270 million tokens to a dead-end wallet each.After the burn tracker published the tweet about the 1.3 billion SHIB, more tweets came out in the past several hours, notifying the community of more tokens removed from the circulating supply – 55,402,333, 1,000,000, 20,675,909, and 18,674,658 SHIB.

Since April 5, the second largest meme token has been dropping from a local high of $0.00002748, having reached a low of $0.00002385 – this is where it is trading as of this writing.

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