Shiba Inu Community Removed 94.58 Million SHIB from Circulation in 24 Hours, Newly-Launched Project Cryptiq Token Leads the Charge. Shiba Inu Community has permanently removed 94,588,560 (94.58 million) SHIB from circulation in the past 24 hours. The feat is achieved through thirty-eight individual transactions. In the past 24 hours, there have been a total of […] The post New Project Burns 78M Shiba Inu, Total 24H SHIB Burn Surpasses 94M first appeared on The Crypto Basic.

New Project Burns 78M Shiba Inu, Total 24H SHIB Burn Surpasses 94M

Shiba Inu Community Removed 94.58 Million SHIB from Circulation in 24 Hours, Newly-Launched Project Cryptiq Token Leads the Charge.

Shiba Inu Community has permanently removed 94,588,560 (94.58 million) SHIB from circulation in the past 24 hours. The feat is achieved through thirty-eight individual transactions.

Cryptiq Token, a newly surfaced project, emerged as the standout participant in this burning frenzy. The community-driven project eliminated 78,146,592 (78.14 million) SHIB tokens through thirty-one separate transactions.

The biggest burn transaction from Cryptiq Token was destroying 37,691,762 (37.69 million) SHIB tokens in one fell swoop. Per Etherscan.io data, the transaction was carried out precisely at 10:34:35 PM +UTC.

Cryptiq Token Burns 3769 Million SHIB in a Single Transaction

Cryptiq Token, a blockchain company with decentralized ownership, officially acknowledged these burns via tweet.

“We are now burning SHIB tokens alongside many other great projects doing their bit to get us to that 1$ SHIB. A token gesture to show our love, but we also come with innovative products and ideas.”

This intense burn activity has caused the overall SHIB burn rate to surge by 240.91% over the last day.

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