Amount of BabyDoge burned in past 24 hours surpasses that of Shiba Inu almost 50x
According to @babydogeburn_ Twitter user, in the last 24 hours, more than 13.3 trillion BabyDoges have been burned. The valuation of this amount of meme coins is approximately $15,623.
Here’s how much BabyDoge has been burning
To compare, Shibburn reported that over the same time period, the SHIB army has burned 29,721,304 meme tokens worth $338 at the time of this writing. This is 29x less than what the BabyDoge team sent to dead wallets.
As reported by U.Today in June, as a result of a vote by the Babydog community, the team running the meme coin burned 6 quadrillion babydogs within just two days of deciding to burn a total of 50 quadrillion of these meme coins. Gave. ,
This massive token burn was voted for and conducted on July 1. The coins were burned on the Ethereum network, while the BabyDoge main platform is BNB Chain (formerly known as Binance Smart Chain).
Since then, the BabyDoge team has continued to burn huge amounts of their canine tokens on a regular basis.
By now, 198,810,218,548,028,992 Baby Doge Coins have been burned from the total supply of 420,000,000,000,000,000, which comprises 47.336%.
Shiv Sena has made 13 crore SHIB. lit up
As previously reported, on September 26, the Shiba Inu’s burn rate increased by over 1,000%. During that period of 24 hours, the SHIB army managed to burn approximately 130 million SHIBs, worth $1,430.
Today, however, the burn rate dropped 77.23% as only 29,433,603 meme coins was shifted to dead addresses.
Nevertheless, the removal of Babydoge and SHIB from the circulating supply has had zero impact on the coin’s prices, despite massive efforts by both communities to burn the tokens.
