The newly launched “SHIB Burn Portal” is literally breaking the internet. The Shiba Inu Community is seen so much excited about the newly developed burn mechanism introduced by the SHIB team in collaboration with the amazing Ryoshi Vision team.
The excitement skyrockets when one random mysterious wallet sent 1 Billion Shiba Inu (SHIB), worth $23,948 to the dead wallet through a single significant transaction.
Looking deep into the data provided by etherscan.io, we found that the mysterious wallet still holds 1,400,001,825 (1.40B) SHIB, worth $32,424.
The much-awaited “SHIB Burn Portal” officially went live on Shibaswap.com on Saturday, April 23, 2022. The newly launched portal appears to be a BIG SUCCESS from the team as 10.9 billion Shiba Inu tokens have been taken out of circulation forever within less than 48 hours of launch.
SHIB Burn Portal encourages its users to contribute towards the burn while rewarding them with a passive income in the form of the Ryoshi Vision token, an official SHIB partner token. As of April 23, the Ryoshi Vision token reached the major milestone of 25,000 holders.