The crypto market continued its decline, with 15.43 million Shiba Inu (SHIB) burned.
The news was shared from the Twitter account named Shibburn. The account is known for tracking burned SHIBs.
Tokens are burned by being moved to wallets where they cannot be spent or withdrawn.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.
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.