• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Who is Behind the 1 Billion SHIB Burn?

user avatar

by Giorgi Kostiuk

3 days ago


The Shiba Inu community was inspired by the recent burn of 1.002 billion SHIB tokens, which significantly increased the burn rate and sparked discussions.

One Billion SHIB Torched Instantly

In the past seven days, 1,093,130,656 SHIB were removed from circulation, boosting the weekly burn rate by 101.7%. However, only 33,136,646 SHIB were burned in the last 24 hours, causing the burn rate to sharply decrease by 96.7%.

Mysterious One Billion SHIB Burner Unveiled

The largest transfer of 23,003,476 SHIB used Shibarium gas fees. The CENT on Shibarium confirms they burned a billion coins and intend to continue this effort.

Reactions and Comments

The @1cDream account acknowledges their role in the process and encourages the SHIB community to join them in further burning efforts.

The burning of 1 billion SHIB tokens was a significant event for the community, and its participants continue to discuss its impact and future.

0

Share

Other news

Stablecoins Conquer Southeast Asia: New Perspectives and Challenges

Stablecoin use is rising in Southeast Asia, altering payment systems and the DeFi landscape.

user avatarGiorgi Kostiuk

7 minutes ago

Walrus Mainnet and $WAL Token: Launch and Usage Opportunities

Discover the launch of Walrus Mainnet and $WAL token, including usage options within the Sui DeFi ecosystem.

user avatarGiorgi Kostiuk

7 minutes ago

StorX Enhances Authentication with Web3, Moving to a New Level of Security

StorX upgrades security with Web3 authentication starting April 1, 2025, replacing outdated login methods.

user avatarGiorgi Kostiuk

14 minutes ago

Major Losses on the Crypto Market: What to Expect?

The crypto market plunged today, with major currencies taking hits over 5%, awaiting inflation data.

user avatarGiorgi Kostiuk

14 minutes ago

Crypto Market Drop: Bitcoin Below $85k, Ether Loses $2k Support

Bitcoin and Ether continue to fall: BTC below $85k, ETH loses $2k, alts like XRP, SOL, and ADA down 5%.

user avatarGiorgi Kostiuk

14 minutes ago

NFT Market Faces a 63% Drop: Q1 2025 Insights

NFT sales dropped by 63% to $1.5 billion in Q1 2025. Key collections still show resilience.

user avatarGiorgi Kostiuk

15 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.