Thursday, January 20, 2022
Home Crypto News Market A Promise Fulfilled, 239 Million Shiba Inu Tokens Burned As A Christmas...

A Promise Fulfilled, 239 Million Shiba Inu Tokens Burned As A Christmas Party

- Advertisement -

A promise was fulfilled, Bigger Entertainment burned 239 Million SHIB tokens as a Christmas party.

239 Million Shiba Inu Tokens Burned, Transaction can be seen on Etherscan.

The burn party was organized by Bigger Entertainment, Steven Cooper, founder, and owner of Bigger Entertainment first announced on Twitter that his team intends to destroy 211,666,467 Shiba Inu coins on December 26. This amount kept on increasing since the beginning of December. Later the founder announced that they were able to burn 239 Million+ shib. He also invited the shib community to watch the burn event live on youtube.

Shib lovers bought $5 each for a ticket to participate in the burn party, Big Entertainment then bought coins for the amount collected and burned them all. The company also makes sure to provide Etherscan transactions of the burned tokens unlike ‘Ask The Doctor’ which always just acted to be burning Shib coins.

Along with the burn party there was a free NFT give away which was won by Blu Moo:

Cooper said:

“Congrats to Blu Moo, who is the winner of our one-of-a-kind Shiba Santa NFT. Blu contributed over $300 to the burn pot for the party! Tickets to the party are now closed.”

Cooper and his company were planning to reach a target of 1 Billion token burns on Chrismast, but that did not happen. However, they were able to burn 239M tokens.

Cooper also commented on ‘Ask The Doctor ‘saying it was sad to see AskTheDoctor was a scam. A lot of big claims, but never burned a single coin. Hope the shibarmy learns from this. If you don’t see burning on a consistent basis, don’t trust it.”

Overall, taking into account all the SHIB burning that is taking place everywhere, a total of 410,300,479,135,246 SHIB tokens (41.03005%) have been burned from the initial supply of 1 quadrillion.

Read Latest Shiba Inu Updates Here



- Advertisement -
Albert Brown
Albert Brown is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. Holds major cryptocurrencies and has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

The Central Bank Of Russia Proposes A Ban On Cryptocurrency Use And Mining

The Central Bank of Russia (CBR) issued a consultation paper on Thursday entitled 'Cryptocurrencies: Trends, Risks, and Regulation', whose primary focus is to influence...

Fox Business Journalist Says SEC legal Team Declared Ripple (XRP) Non-Security In 2018 So What Changed In 2 years?

Eleanor Terrett, a Fox Business journalist, recently questioned the ongoing lawsuit between the SEC and Ripple. window.coinzilla_display...

Michael Saylor Reaffirmed After BTC Drop From $69K to $40K That Neither He Nor His Company Will Sell A Single Satoshi

Michael Saylor, again affirmed that neither he nor his company is going to sell their bitcoin holdings. ...

After Sundaeswap, Another Decentralized Exchange Is Launching On Cardano

After Sundaeswap, another decentralized exchange (DEX) based on Cardano, Minswap has announced January 25, 2022, as its public beta launch date.

Shiba Inu Leading Developer Share His Thoughts On Microsoft-Activision Acquisition, Can Shib Get Something From This Deal?

Shiba Inu cryptocurrency holders woke up and smelled roses, and it's all thanks to Microsoft as the company prepares its new acquisition of Activision.

Shiba Inu Takes 3rd Spot Beating Ethereum In Top 10 Most Viewed Coins In Europe

Coin market cap (CMC) has just released its “Top 10 Most Viewed Crypto Coins” list for Europe. The list is released by CMC based...

Another Memecoin Trending On Twitter With 690T Supply

Twitter has become one of the main discussion points about cryptocurrencies. Recently, a cryptocurrency has been trending, looking like a bizarre project, the Shibnobi...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.