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HomeCrypto NewsMarket917 Million Shiba Inu Burned In One Week

917 Million Shiba Inu Burned In One Week

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The last week was a great one for Shiba Inu burning.

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In total, the community was able to burn 917 Million coins.

On valentine’s day, Shiba Inu (SHIB) Community wanted to celebrate by Burning a Million of SHIB tokens. Steven Cooper, an owner of Bigger Entertainment, told his followers that his company burned 240 Million Shiba Inu tokens during the burn party scheduled for the Valentine.

But after this burn Steven Cooper business, Bigger Entertainment said they are Ending Shiba Inu Burn Tickets, Saying It Hurts Their Reputation, Assure Bringing New Ways Of Burning.

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On Feb 16th, the pseudonymous developer of Brick Buster, the game available to play on Google Play Store, announced that he has taken out 415 million Shiba Inu (SHIB) tokens from circulation forever. He also has shared a burn transaction proof with his followers on his official Twitter handle.

Overall, the community was able to destroy 917 million coins forever in a single week. Altogether 410,303,124,044,016 coins have been burnt from the initial supply. That makes 41% of the circulating supply gone forever.

 

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Author

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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