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HomeCrypto NewsMarket134 Million Shiba Inu Burned In Past 24 Hours, While 328M Tokens Destroyed Last Week

134 Million Shiba Inu Burned In Past 24 Hours, While 328M Tokens Destroyed Last Week

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Shiba Inu burning continues on regular basis.



Shibburn, an automated SHIB Burns counter officially approved by the developers of SHIB, reported 17 transactions transferred SHIB to the dead wallet in the last 24 hours.

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Via these transactions, a total of  134,519,822 (134M) Shiba Inu (SHIB) tokens have been taken out of circulation, bringing a total of burned tokens to 410,301,214,599,811, which makes up 41.03012% of the initial supply of 1 quadrillion.

The largest transaction burned 100,000,000 SHIB tokens at once.

Looking into the 7 days calculation, a total burning of 328,470,419 SHIB tokens took place destroying 328M coins forever in 57 transactions.

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Bigg Entertainment Burning Update:

Steven Cooper, an owner of Bigger Entertainment burned 2.8 Million SHIB tokens, along with many smaller burns last week. Since the launch of the campaign on Oct. 20th, 2021, Bigger Entertainment has burned a total of 1,012,508,035 SHIB Tokens.

Steven Cooper has also planned to burn another 1 billion SHIB tokens but this time, he wishes this to be done in one transaction only. For this, his company Bigger Entertainment has organized another SHIB Burn Party on February 14th.

On Friday, Bigger Entertainment added phone cases, grips, and other items into its “Shib Lovers” limited edition merchandise and made it live for Sale. According to the Owner of the company, 80% of the profits that the company will earn through selling this merchandise will go to the burn pot for our burn party on Feb. 14th. Steven Cooper, further said these designs will only be available till will only be available until Valentine’s Day.

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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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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