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International Business Times
International Business Times
Business
Nica Osorio

Shiba Inu Burns Surge By 5000% While Trillions Of Tokens Leave Exchanges

Burns. Don’t listen to Fud (Credit: LucieSHIB/Twitter)

KEY POINTS

  • The Shiba Inu development team destroyed 8,471,583,707 SHIB over the past few days
  • Another 53.23 million tokens were destroyed in the past 24 hours
  • Shiba Inu also saw a major spike in whale activity which is equivalent to huge withdrawals of around 8 trillion

The Shiba ecosystem is continuing its massive burning campaign, recording a 5,043.37% surge, while trillions of SHIB have been removed by holders from exchanges since November.

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