111 million SHIB burned as Shiba Inu burn hopes to pick up pace ShibArmy Shibburn SHIBCommunity $SHIB
In the past week, a total of 1,178,830,489 SHIB tokens were burned in 26 transactions.
SHIB had an initial total supply of 1 quadrillion, or 1,000,000,000,000,000 tokens. In May 2021, Ethereum co-founder Vitalik Buterin was unwillingly gifted half of SHIB's total supply, and he burned 90% of his tokens, which is a massive 410 trillion SHIB.website, the total burned so far from the initial supply is 410,631,355,779,408 SHIB.At the time of writing, SHIB was marginally up in the last 24 hours at $0.00001092. The token is up 1.18% in the last seven days.
After reaching highs of $0.0000117 on April 3, Shiba Inu declined to trade underneath the daily MA 50 at $0.00001124.Shiba Inu is currently trading in a narrow range between its daily moving averages as it gears up for another move. The RSI has flattened slightly below the mid-50 point, suggesting consolidation.
Shiba Inu seeks to gain traction in the coming days through the launch of Shibarium. A testnet for Shiba Inu's upcoming Shibarium platform has seen remarkable adoption.
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