SHIB Burn Of The Year: Coinbase Lone Wolf Torches 140M

One Coinbase user just blazed over 140 million Shiba Inu coins (SHIB) in one go, making the largest yearly burn. Aimed at deflating the popular meme coin’s supply, Shiba Inu (SHIB) burn technique is mostly manual, done by volunteer crypto enthusiasts by sending funds to null crypto wallet addresses. 222% Burn Rate Uptick Restores Hope After Shibarium Hack This has pushed Shiba Inu’s (SHIB) daily burning rate up by 222%, while the weekly rate saw a 335% boost due to the Good Samaritan’s burning deed. With this deflationary milestone, SHIB’s remaining supply sits at 585.2 trillion, erasing 4 trillion

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