Shiba Ecosystem Shakes Off FUD, Crypto Winter; Destroys Billions Of SHIB In Elaborate Burning Streak

The difference between a loser and a winner is very clear: Persistence. #SHIBARMY $SHIB (Credit: LucieSHIB/Twitter)

KEY POINTS

• A total of 8,615,169,427.75 SHIB tokens equivalent to around $90,459.28 were removed from the circulating supply in six transactions over the weekend
• SHIB then broke through the $0.000011 price level with its price trading in the green zone at $0.0001143, recording a 4.37% gain
• SHIB was trading in the green zone at $0.00001046 as of 3:34 p.m. ET on Sunday

After Shiba Ecosystem developers burned billions of SHIB earlier this month, the team has once again destroyed billions more tokens, triggering a 799,000% spike in the number of Shiba Inu sent to inactive crypto wallets.