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.
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.
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.