Shiba Inu Community Burns Over 102 Million SHIB in a Week; Crypto.com’s User Makes Biggest Contribution.

The Shiba Inu Community continues to make headlines in crypto as they burn millions of tokens weekly. This week was no exception, with 102,145,155 (102.14M) SHIB permanently removed from circulation through 28 transactions.

The most significant contributor to the Shiba Inu burn this week was Crypto.com’s related wallet sent an impressive 34,900,000 (34.90M) SHIB to the inferno address in one large transaction. The transaction was performed on February 12th, 2023, at 12:23:11 AM +UTC.

The members of the Shiba Inu Community show no signs of slowing down as they continue their efforts to reduce the overall supply of SHIB. They started the new week with a bang by permanently removing 39,515,844 (39.51 million) SHIB from circulation on the first day of the week. As reported by The Crypto Basic, this impressive burn was a joint effort by an unknown Binance user and the famous Shiba Inu burn initiative called “SHIB Super Store.” The two wallets combined burned 26,284,073 (26.28 million) SHIB in two separate transactions.