- A total of 38,951,147 SHIB tokens have been burnt.
- SHIB tokens will be burned by Bigger Entertainment and nine other companies.
According to a tweet from the company, one billion SHIB tokens will be burnt this week and have been explained how by Bigger Entertainment CEO Steven Cooper. Over 131 million SHIB have already been delivered straight to a dead wallet, and 240 million SHIB will be burnt on Valentine’s Day. At the same time, Bricks Buster aims to perform a big token burn this week, according to the developer of the crypto burner campaign. The mobile app game will squander 500 million SHIB on February 15. This brings the week’s total to close to $1 billion.
Great job #shibarmy! Over 131 Mil #shib sent direct to dead wallet this week. We'll burn 240 Mil tomorrow during the burn party. Bricks Buster will burn 500 Mil on the 15th. Right around 1 BILLION for the week. Some said that was impossible. Let's go for 2 BILLION next!
— Steven Cooper (@iamstevencooper) February 14, 2022
According to reports, Shiba Inu tokens will be burned by Bigger Entertainment and nine other companies as part of the SHIB burn promise. In answer to a SHIB user, the CEO of that business reaffirmed the prospect of burning a billion SHIB tokens in a week.
Whales Are Accumulating SHIB Token
A total of 38,951,147 SHIB tokens have been burnt, and 17 transactions have occurred in the last 24 hours, according to the Shibburn Twitter account. Approximately three million tokens were burnt in the following hours, reducing the total number of SHIB in circulation to 41,511,004 (according to the Shibburn website). Whales are stockpiling SHIB in enormous numbers ahead of this week’s major burn.
WhaleStats just tweeted that the giant BNB whale among the 1,000 BSC wallets it monitors had purchased 139,929,254,883 Shiba Inu, or $4,232,859 worth. SHIB, on the other hand, has reclaimed its position as the most popular currency among whales. An increase in the price of SHIB might be attributed to the supply decrease caused by a burn.
