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HomeCrypto NewsMarket481 Million Shiba Inu Burnt In Seven Days As More Ways Of Reducing Shib Supply Coming

481 Million Shiba Inu Burnt In Seven Days As More Ways Of Reducing Shib Supply Coming

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More ways to burn Shiba Inu On the way.


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Shiba Inu Community Destroyed Another 481 Million SHIB in the Past 7 Days, 61.32 Million in the Past 24 Hours as SHIB Lead Developer, Shytoshi Kusama Confirms that Shiba Inu Game dubbed “Shiba Eternity” Will Help in Reducing Shiba Inu’s Supply.

Cheering the SHIB lead developer Shytoshi Kusama’s announcement that the Shiba Inu CCG Game tagged “Shiba Eternity” will contribute to Shiba Inu Burn, the Community-led initiatives burned nearly half a billion Shiba Inu tokens in the past seven days, over 61.32 Million in the past 24 hours. One of the Community-led SHIB Burn Projects sent over 50 Million SHIB to the “inferno” address in a single transaction.

Shytoshi Kusama, in his recent tweet, confirmed that the Shiba Inu CCG Game tagged “Shiba Eternity” will also contribute towards Shiba Inu Burns despite previous comments suggesting it wouldn’t.

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The announcement comes as a surprise for Shiba Inu Community as all the developers of the Shiba Inu Ecosystem, including Eric M, Kaal Dhairya (@kaaldhairya), and Shytoshi Kusama, in the recent past continued to say that all new platforms in the Shiba Inu ecosystem would contribute towards Shiba Inu burns except Shiba Inu Game because of some reason.

One of the tweets posted by the lead SHIB developer on December 30 reads:

“ALL NEW PLATFORMS WILL HAVE SHIB BURNS. Shibaswap V2. Shibarium. Shibanet. The only exception is the game. But there is a reason for that.”

However, Shytoshi Kusama still has to disclose further details about the Shiba Eternity and its role in Shiba Inu Burn.

Shiba Inu Community destroyed a whopping total of 481,082,775 (481.08M) SHIB through 82 separate transactions in the past seven days.

Furthermore, Shibburn.com states that the Community has also incinerated a total of 61,329,300 (61.32M) in 9 separate transactions in the past 24 hours.

One of the Community-led SHIB Burn Projects named “SHIB Super Store” owned by Travis Johnson sent an astounding total of 50,085,558 (50.08M) SHIB to the dead wallet in one significant transaction using SHIB Burn Portal.

So far in the month of September, Travis Johnson’s SHIB Super Store has burned 139 Million SHIB, worth about $1400 in three separate transactions. Whereas, since its inception in November 2021, the SHIB Super Store reports that it has set fire to a staggering total of 2.93 Billion SHIB.

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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