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The Total Number of Tokens Burned by Shibarium in 24 Hours Increased by 64.77% From the Previous Day

By Simon LawsonAugust 18, 20231 Min Read
The Total Number of Tokens Burned by Shibarium in 24 Hours Increased by 64.77% From the Previous Day
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According to burn tracker Shibburn, the total number of tokens burned in the 24-hour period increased by 64.77% from the previous day.

The website shows a total of 357,075,351 tokens burned on Aug. 16, a number that rose with the launch of Shibarium.

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Most of the burns came from Marswap community tokens, which burned over 258 million tokens.

Heading into Thursday, that cash burn trend hadn’t subsided, as data from the tracking site showed numbers over the past 24 hours were also hot.

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Currently, the number of tokens burned in the last day so far has exceeded 322 million, suggesting that Thursday’s token burn may also exceed the previous day. As the days passed, SHIB burned close to half of its total supply.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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Simon Lawson
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Simon Lawson has been a professional financial reporter for 6 years. He has in-depth research on the crypto industry and will release major crypto news in a timely manner.

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