Steven Cooper, CEO of Bigger Entertainment, tweeted today that his team burned another 2.5 million SHIBs. He also previously announced a live token burning party that will be held on December 26th.
In addition, 1.5 million SHIBs will also be withdrawn from circulation. As a result, an estimated 884.9 million SHIBs have been burned since October 20, and 3 million tokens have been burned that month alone.
Going forward, Steven Cooper said, the company plans to burn another 2.9 billion SHIBs worth around $ 100,000 and build a new music game development campaign targeting the crypto market.
https://twitter.com/iamstevencooper/status/1476406162857730048?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopenerMeanwhile, the Shiba-Inu whale collects tokens during the bear market. Analysis of the top 100 owners shows The average number of SHIB tokens in whale wallets increased by 28% during the recovery period. While their stocks have increased by 18%.
However, the token’s trading volume currently remains low with a daily price range of $ 0.000331 to $ 0.000348.
developers recently also did Disclosure on Discord that they will have a big surprise for the community in 2022. At the same time, an announcement was made yesterday regarding the Shibarium gas token.
https://twitter.com/Shibtoken/status/1476395811730821124?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopenerIn this regard, Ashish Singhal, CEO and Founder of CoinSwitch commented:
“The demand for Shiba Inu is growing and many of our users have asked to list this coin. In order to meet this need, as a responsible exchange we have set up insurance structures to protect our investors. “
Interestingly, the announcement comes with the new riskometer function. This feature alerts investors to the risks associated with volatile assets.
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