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Single Wallet Burns 10M Shiba Inu, 13.8M SHIB in 24 Hours

Over 13.81 million Shiba Inu (SHIB) were burned in the past 24 hours, with 10.45 million burned by a single wallet, SHIB Super Store. The Shiba Inu Community has burned a total of 3.98 billion SHIB through 19 transactions in the past week. The massive burn has caused the overall SHIB burn rate to increase by 131.51% over the past day. SHIB's mainstream adoption is gaining momentum, with the recent introduction of Binance Pay's WooCommerce plugin that allows over 40% of websites to accept SHIB as payment. The Shiba Inu team is also in talks with Huobi and Certik to launch a dedicated cold wallet for the SHIB ecosystem.

(By ZABI)

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