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

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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.

https://etherscan.io/tx/0x76df993ff5a80a06ea4869970d1b71297ff56bc8d482443308697270200af561

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

 

 

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Albert Brownhttps://thecryptobasic.com/
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.

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