Bigger Entertainment has revealed the amount of Shiba Inu coins burned at the recent “burn party,” which has burned less than a billion since October 2021.
The Bigger Entertainment team has announced that the amount of 239,600,144 SHIB was transferred to a null address and permanently removed from circulation during the burn party that was broadcast live on their YouTube channel on Sunday.
Since mid-fall, about 800 million SHIB had been burned
According to Steven Cooper’s Twitter account, the corporation began burning Shiba Inu meme crypto coins in October of this year.
Bigger Entertainment accepts crypto for NFTs, merch, and event tickets, allowing the SHIB Army to contribute to the total amount of the Shiba Inu meme crypto coins destroyed. Users can also listen to music songs on the project’s website, assisting in the burning of the second-largest meme cryptocurrency.
The last burn party of the year took place on December 26. According to the tweet and YouTube video, 239,600,144 SHIB tokens were burned or sent to a “dead” address where they could not be withdrawn or spent. In fiat currency, this equates to $9,183.
Let the burning begin!!! 🔥🔥🔥🔥 #SHIB #SHIBARMY #SHIBARMYSTRONG pic.twitter.com/1rQo6LvSzG— Bigger Entertainment (@biggerent) December 26, 2021
Cooper had hoped to burn one billion coins at first, and in subsequent tweets, he invited the SHIBcommunity to help by contributing $5 apiece. His enthusiasm, however, was not reciprocated, and only about a fifth of it was consumed.
Cooper has burned a total of 880,983,100 SHIB tokens since October. $33,741.60 is the total.
Over the course of the day, 370.4 million SHIB were consumed
Various entities have sent a total of 370.4 million Shiba Inu coins in the last 24 hours, according to data given by etherscan.
There were less than a million tokens in the largest transaction, which carried 9,110,280 SHIB, several lumps of one million coins, and less than a million SHIB.
According to U.Today, 706 million Shiba Inu were sent to a null address on December 21-22, giving the Shiba Inu meme crypto coin a slight boost.
Steven Cooper previously stated that the Shiba Inu meme crypto coin burn rate will double in the next 60 days because the project has only recently begun exploring new ways to burn these meme tokens.
