Shrinking Shiba Inu Value Allows 655M Shiba Inu Burned in 2 Days

Earlier this month, a SHIB burning corporation claimed to have burnt over 230 million SHIB and around 33.6 million on Thursday alone. The SHIB burner enterprise primarily manufactures games for mobile phones. In the past 24 hours, other SHIB burners have been reported to destroy an estimated 32 million tokens. This makes a cumulative removal of 60 million SHIB from the circulation, since Thursday. A complete logistics of February reports approximately 900 million tokens have been transferred to inferno wallets. Quarter Billion SHIB Burned This Month, 655 Million Burned in 48 Hours Travis Johnson of SHIB Burn Games tweeted that he burned $6,900 worth of Shiba Inu this month. The total amount burnt is 232, 088, 799 tokens. The February 17 tweet by Johnson continues stating an amount of SHIB worth $1000 (33,624,747) was taken out of the initial supply chain in the circulation of a quadrillion. The two aforementioned SHIB amounts were burned based on games created by the firm. On February 15, Johnson claimed to have burned 415 million Shiba Inu. On Valentine’s Day, Bigger Entertainment managed by Steven Cooper transferred 240 million SHIB to a dead wallet – coins that cannot be withdrawn or spent. Steven Cooper expressed his heartfelt gratitude to the Shiba community, as such a large-scale burn party would not have been possible without them. In his tweet, he also has attached a screenshot of the transaction to share with the enti...