Nearly 15 million Shiba Inu (SHIB) have been destroyed in the last 24 hours and nearly half of the Shiba Inu supply has been burned so far.
Bigger Entertainment founder Steven Cooper tweeted that another 2.75 million Shiba Inu were burned by his team. Meanwhile, Shiba Coffee Company destroyed 11,851,851,85185,185 SHIBs.
Recently 14. 6 Million SHIB Burned
2. After 75 million SHIB were sent to the “empty wallet” by the Bigger Entertainment team, the total amount of SHIB burned by the team since October 2020 was determined to be 889,483,100.
Bigger Entertainment is a team that sells NFTs, tickets and merchandise for events, and burns some of the fees earned to allow customers to listen to music tracks. They destroyed 239,600,144 Shiba Inu tokens during one of their “Burning parties” scheduled for December 26.
Now, another 2.75 million SHIBs have been withdrawn from circulation, and the company has burned 889,483,100 SHIB tokens since October when it announced its SHIB burn campaign.
Cooper tweeted that in the next sixty days his team is looking for new ways to burn Shiba Inu and plans to double SHIB burn rates.
The head of Bigger Entertainment also stated that they will burn more SHIBs today and announced that the SHIB burning event will take place every month this year.
https://twitter. com/iamstevencooper/status/1477805218448429062
Shiba Coffee Company Performs 2nd Major SHIB Burn
Steven Cooper also congratulated Shiba Coffee Company for carrying out their second major SHIB burn.
https://twitter. com/iamstevencooper/status/1477651320416972800
According to the shared tweet, the company destroyed 11,851,851,85185185 SHIB (worth $400.59) on January 2. Thus, a total of 14.6 million SHIB burned by Bigger Entertainment.
Twitter account Shibburn added that, in addition to this amount, 10,721,938 SHIBs have been burned by the Shiba Inu community in the past twenty-four hours.