More Than Half a Billion SHIB Burned in Past Week

According to the Shibburn Twitter account, more than half a billion SHIB were sent to dead wallets in the past week, adding up to the hundreds of millions of SHIB burned since the start of August. In the past week, over 582,646,458 SHIB tokens were burned in 106 transactions. In the upper week, the amount of SHIB burned was reported to be more than 711 million. Recent hours have seen several transactions carrying SHIB being burned, resulting in a rise in the burn rate.