Shiba Inu Burns 915 Million SHIB Tokens in Epic Week, Here's Impact

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Shiba Inu Burns 915 Million SHIB Tokens in Epic Week, Here's Impact
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Shiba Inu: 915 million SHIB tokens burned within week ShibArmy $SHIB SHIBCommunity

At the time of writing, SHIB was down 3.31% in the last 24 hours but remains 6% higher on a seven-day basis.The week saw the reawakening of a giant SHIB whale, which had not made any large transfers for 610 days. This whale might be the largest SHIB holder and controls 10.15% of the total supply, or $756 million worth of SHIB, according to Lookonchain.

On July 13, a giant whale who holds 101.47 trillion SHIB transferred 4 trillion SHIB worth $29.8 million to eight fresh addresses.In the past week, Shiba Inu lead Shytoshi Kusama took to Twitter to announce the rebranding of the official SHIB website and other SHIB army websites. The redesigned SHIB website was just the start of a scorching summer, according to the official SHIB Twitter account, which also declares the arrival of the"summer of Shibarium.

Adding to the enthusiasm, Kusama uploaded a GIF image of a mobile device with icons for text messages on Twitter. Tagging British music producer Gareth Emery, Kusama wrote,"Ping Gareth Emery," next to the image.

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