1.15 Billion SHIB Were Burned In 24 Hours, With A Target Of 600 Million Set For Burning In 10 Days.

While the SHIB army has burned over 1.15 billion SHIB in the last 24 hours, this Shiba Inu-related company is planning another burn festival on April 3rd.

According to the @shibburn Twitter account, the SHIB community has withdrawn another big number of their favourite canine crypto tokens since yesterday morning.

A huge burning entity is preparing for its next planned burn party, with 600 million tokens to be destroyed. The purpose of the SHIB Army’s attempts to burn its tokens is to potentially make SHIB more scarce and cause its price to skyrocket.

The @shibburn account revealed that it took 33 transactions to burn an incredible 1,157,908,364 meme coins in the previous 24 hours.

On March 22, a comparable number of 1,021,292,580 tokens – were transferred to various defunct wallets.

Bigger Entertainment, run by Steven Cooper, another big SHIB burning firm, intends to collect 600 million meme tokens to incinerate for the next burn party, which is scheduled for April 3—in around 10 days.

This firm has previously had two burn parties on February 14 and December 26. Bigger Entertainment has already eradicated a total of 1,429,260,528 SHIB from circulation by burning since late October last year.

According to the website, they now have 15,473,915 Shiba Inu scheduled to be burnt in early April.

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