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Shiba Inu community handled nearly 2 billion SHIBs in November

Shiba Inu nearly hit the 2 billion circulation mark in November
Photo: Reproduction/Yahoo Finances – Cryptocurrency gained good expectations for December
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The Shiba Inu community handled nearly 2 billion SHIB last November, helping to increase the number of projects using the cryptocurrency.

To be more exact, according to data from ShibBurn, released by Planet Crypto, there were 1.912.665.892 SHIBs sent to wallets last month. Projects like the SHIB Burner playlist and Shiboshi NFT were among the biggest contributors to the impressive number.

The price of the Shiba Inu ranged between US$ 0,000037 and US$ 0,00007 in November, as it declined among the top 10 cryptocurrencies. Even after the listing at Kraken, it had a small increase, quoting at US$ 82.761 in SHIB at the time of the closing of this article.

Of the 1,9 billion Shiba Inu spent in November, it represents just 0,0003% of the controversial total supply of SHIB circulating on the market. According to Planet Crypto, no.At this rate, it would take 5.981 years to reduce the supply of Shiba Inu by 25%.

The place that received the highest individual amount from Shiba Inu was the vEmpire DDAO: were 349.669.409 SHIB (in the amount of $17.000 on the day of transfer) to the wallet on November 19th. Bigger Entertainment contributed 416.981.132 SHIBs in total (over $20.000) in two different operations. on November 16 after your SHIB Burn.

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The day with the lowest number of Shiba Inu circulation was November 23, when only 1.044.300 SHIB were used. Already this month of dIn December, about 20.039.895 SHIBs were used in a single day, with the Shiba Coffee Company being responsible for the circulation of 10.787.486 SHIB yesterday (1).

It is estimated that in December there will be greater movement of SHIB in companies, such as NOWPayments, which circulated around 43 million SHIB for the portfolio on the last day of November; besides the Bricks Buster mobile game, which intend to spend 115.784.608 SHIB.

Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
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