Millions of Shiba Inu Burned, While SHIB Price 10% Down $SHIB #shubarium

According to data provided by the Shibburn wallet tracker, over the span of the last 24 hours, the SHIB army has transferred several tens of millions of SHIB to dead-end wallets — 49,806,773 Shiba Inu meme coins in total.

Nearly all of these SHIB got burned in a single transfer, which moved 49,750,000 SHIB to the "blockchain furnace." The other four transfers have not exceeded 20,360 Shiba Inu.

In the meantime, the second largest meme cryptocurrency Shiba Inu shows an approximately 10% decrease since Nov. 11. On Tuesday, Nov. 14, the SHIB price reached a 15% drop but then reversed and has shown a 6.77% increase since then. It has several times tried to break through the $0.00000910 resistance, but these attempts were unsuccessful.