A major SHIB burner has boasted burning slightly over 324 million Shiba Inu (SHIB) so far this month
Twitter account @317_key, which represents Travis Johnson’s Shiba Inu burn games, has boasted of burning more than 324 million SHIB so far this month, apparently planning to burn more while February continues.
“Hey! Sorry, been traveling this weekend, but I’m back! $8500 so far this month! Please visit http://shibsuperstore.com for detailed data on it. Also added is a media page, I will link to anything about my burn campaign. Also, media will be available for people to use!” @317_key/Twitter stated.
324 million Shiba Inu (SHIB) burned this month by this major token burner
He spread the word that in February, a total of 324,611,889 SHIB had been transferred to a dead Shiba Inu address, the equivalent of $8,573.
According to the company’s website, these tokens were destroyed on February 19, and the money earned to buy SHIB that was burned later came from three sources. That’s the daily ad revenue generated by mobile games Bricks Buster and Candy Trips.
Advertising revenue was $7,830 and $743, respectively. That amount bought 295,137,580 and 28,006,030 SHIB tokens. A third game is also mentioned there, ZOMBIE ASSASIN, but so far, it has earned the company just $48 in February: 1,808,590 Shiba Inu.
In an earlier tweet, the company promised to release a new product that would also help burn more SHIBs. On February 17, the company burned 37,707,390 within a day— $1,000 worth of meme tokens.
Source: Shibsuperstore
One of the SHIB burn groups represented on Twitter, @Shibburn, shared that various members of the SHIB Army have locked up 31.46 million tokens over the past four days. The data on tokens burned on their website is copied from the etherscan crypto tracker for ETH-based tokens.
The most significant SHIB transfer to a dead wallet was 14,318,442 tokens made from Feb 18 – to Friday. The day before that, someone burned 111,111,111 SHIB in a money transfer.
As of this writing, the 14th largest cryptocurrency by market capitalization, SHIB, is changing hands at $0.00002641. The canine token shows a small gain of 3.73% over the past 24 hours. Earlier today, the SHIB hit a local high of $0.00002745, but the price curve plummeted. So far, the coin is down 70.14% from the historic peak of $0.00008845 reached on October 28 of last year.
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Read more:
- Crypto Market Crash Has Deepened, With Shiba Inu Underperforming Comparing To The Rest Of Top Coins
- Another Large Portion Of Shiba Inu Has Been Burnt, While An Even Bigger Amount Is Going To Be Destroyed In Four Days