The crypto market continued its decline, with 15.43 million Shiba Inu (SHIB) burned.
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The news was shared from the Twitter account named Shibburn. The account is known for tracking burned SHIBs.
https://twitter.com/shibburn/status/1496730397199466502
Tokens are burned by being moved to wallets where they cannot be spent or withdrawn. Thus, they are not included in the amount of tokens in circulation.
https://twitter.com/shibburn/status/1496711495698501632
Crypto markets also continue to decline. The Shiba Inu has lost approximately 12% in value over the past 24 hours. The asset has lost more than 23% in value in the last seven days.
Meme token is trading at $0.00002251 at the time of writing, according to data from CoinMarketCap.
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