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HomeCrypto NewsMarket9.7 Million Shiba Inu Burned In last 24 Hours

9.7 Million Shiba Inu Burned In last 24 Hours

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Shiba Inu Burning continues at a rapid pace.



In the past 24 hours, 9.7M Shiba Inu tokens were burned. So far, 410,300,575,781,510 SHIB tokens (41.03006%) have been burned from the initial supply of 1 quadrillion.

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Steven Cooper, the owner of Bigg Entertainment, said his team was able to burn 4.9 Million shib tokens in one day. They were able to burn 894,383,100 since October last year after launch of their burning campaign.

 

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Bigg entertainment and Shiba coffee are the big names that are burning shib regularly; as a result, they have enticed a lot of Shib army that has worked well for these businesses as a successful marketing campaign.

Recently Bigger Entertainment announced the launch of their blockchain game ‘MixDraft.’ The company will raise funds for their game in postcard sales for $6 each. $ 1 from the sale per postcard will be used to burn Shiba Tokens. The team hopes to hit the $100,000 target in SHIB burning, which equates to 2.95 billion SHIB coins.

Cooper confirmed that they have officially begun their journey to burning $100,000 in shib and building their first Blockchain Music Game, MixDraft!. The company was able to sell 444 limited edition postcards as a start of a massive burn campaign.

Yesterday, Ethereum whale “Gimli” bought 110,000,000,000 shib for $3,624,500 USD. That is an enormous 110 Billion Shiba Inu coin bought for $3.6 Million, but even after such massive buying, the price of SHIB remains stagnant.

 

 

 

 

 

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Ammara
Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

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