Market

In December, another 2.5 million SHIB were burned, with almost 3 billion SHIB destroyed.

Another enormous amount of Shiba Inu has been transferred to an unspendable wallet, with another 1.5 million on the way.

Source: Twitter Steven Cooper

Steven Cooper, the owner of the Bigger Entertainment crypto label, has taken to Twitter to say that his project team has destroyed another big quantity of Shiba Inu coins—2.5 million—while another 1.5 million SHIB are waiting to be removed from circulation as well.

Cooper included a link to etherscan in his tweet, demonstrating that the 2.5 million coins were destroyed.

The project held a scheduled “burn party,” a few days ago, on December 26, during which 239,600,144 coins were delivered to a null address. This significant sum, along with the previously indicated 2.5 million, adds up to a total of 884,983,100 coins eradicated by the project since Oct. 20.

The project’s leader has promised that additional huge news concerning upcoming Shiba Inu burns would come on his Twitter page shortly.

This month has been “rich” in burnt shiba inu tokens. According to a post by SHIB-focused Twitter user “SHIBtyme,” the SHIB community has deleted 1,943,391,652 tokens this month.

Shiba Inu Coins

According to etherscan statistics, in addition to the aforementioned 242.5 million, 370.4 million coins were burnt by the SHIB community on December 26-27, and 706 million were cremated on December 23. Another 1.3 billion is made up of all of it.

As a result, about 3.3 billion shiba inu coins were transmitted to a non-existent address in December.

Bigger Entertainment’s Steven Cooper has also claimed that his team intends to burn $100,000 worth of coins, though no specifics have been revealed. This is the equivalent of 2,943,773,918,163085 Shiba Inu tokens.

He also said that his team is working on the SHIB Fitness app, promising to announce its partner, who would assist in its development soon.

Patrick

Coincu News

Andy

Recent Posts

DEBT Box Case Is Now Getting More Complicated With SEC Cover-Ups

The Cedar Innovation Foundation has filed a FOIA request for SEC communications regarding the DEBT…

6 hours ago

Crypto Custody Legislation Is Now Blocked By Joe Biden Administration

Biden administration to veto crypto custody legislation over stability and investor protection concerns.

6 hours ago

Tether Expands Into Eastern Europe With A New Investment In CityPay.io

Tether expands into Eastern Europe with new investment in Georgia's CityPay.io. The investment will support…

9 hours ago

VanEck Meme Coin Index Launched With 6 Tokens Tracked

The VanEck meme coin index tracks the performance of six prominent meme coins: DOGE, SHIB,…

9 hours ago

BitMEX Options Trading Platform Launched With Target Of $500 Million Volume In 3 Months

BitMEX options trading aims to grow interest in cryptocurrency options amid regulatory developments.

10 hours ago

Tensions Rise Between Nigeria And Binance Over Bribery Allegations: Report

According to BBG, Nigeria and Binance dispute intensifies as Nigeria denies Binance's bribery allegations. Binance…

10 hours ago

This website uses cookies.