229.16 million Shiba Inu (SHIB) Burnt Within Past 24 Hours.
Over 229.16 million Shiba Inu (SHIB) have been pushed out of circulation by the community of Shiba Inu token lovers. Game Developer Travis Johnson led the Burn Show from the front in the past 24 hours. $176 Worth of SHIB Burned via Amazon.
According to a recent tweet posted by shibburn.com, over the past 24 hours, the Shiba Inu community has sent 229.16 million SHIB to unspendable wallets.
In the past 24 hours, there have been a total of 229,165,044 $SHIB tokens burned and 11 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy
— Shibburn (@shibburn) June 8, 2022
The tweet by shibburn.com says that 229,165,044 Shiba Inu have been removed from the circulating supply and locked in dead wallets, thus making the second-largest meme cryptocurrency a little more scarce.
These results were achieved after 11 transactions. Travis Johnson made the most significant burns, as the individual burn project sent 56,024,490 (56.02M), worth $592 canine tokens to a dead wallet in one large transaction.
This burn from Travis Johnson was scheduled for last Sunday. But, due to some unexpected technical issues, the project has to postpone its Burn Event till Tuesday. He addresses the postponement, saying he “was having trouble with Robinhood, Coinbase” and MetaMask wallet.
While taking the transparency of the Burn Project seriously, Johnson further informed the community that his Burn Project named “SHIB Super Store” was able to burn only $592 worth of Shiba Inu instead of $647. However, his SHIB superstore affirms that they will add the remaining $68 to the upcoming Burn Event.
Finally was able to burn!
Was having trouble with Robinhood, then Coinbase, then Metamask was acting weird
56M Tokens burned!
($592) Burn was supposed to be $647, but had to leave $68 behind to make it work, I'll add that $68 to this coming weeks burnhttps://t.co/TCiryxHzRV pic.twitter.com/eSedegyAtB— SHIB Super Store (@shib_superstore) June 7, 2022
$176 Worth of SHIB Burned via Amazon:
Another tweet from “SHIB Super Store” reveals that the project has earned 176$ worth of commissions through Amazon Affiliate Program. Travis Johnson confirms that his individual burning project has utilized some of these commissions to buy and burn Shiba Inu through this event. This marks the first-ever Shiba Inu Burn via Amazon.
$176 worth of commissions! (Some was burned today)
This allows the army to burn using no extra money out of pocket, no extra time, and they get the items they want! All it takes is one click!
Just click the Amazon advertisement on https://t.co/d0goxr6sys then shop like normal! pic.twitter.com/HJX1KKno94
— SHIB Super Store (@shib_superstore) June 7, 2022
As per recent data provided by Shibburn.com, 410,367,942,570,340 (410.36T) Shiba Inu tokens have been taken out of circulation forever from the initial supply of 1 Quadrillion tokens.
The total supply of the dog-themed cryptocurrency is reduced to 589,632,057,429,659 (589.63T). Out of this total supply, 556.32T Shiba Inu tokens are currently in circulation, and 33.30T of the supply have been staked by the holders of Shiba Inu on ShibaSwap.
DisClamier: 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 opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
