Within the next few days, Shiba Inu (SHIB) burning may beat the previous month by using Amazon
Twitter account @shib_superstore, run by Travis Johnson, game maker for smartphones, has announced that Johnson is about to beat August by the amount of burned Shiba Inu (SHIB) if, within the next few days, he can get a large amount of SHIB to add to what already has been burned this month. One of the tools he uses for buying SHIB that later gets burned is Amazon’s affiliate program.
Next Few Days May Be Crucial for Burning Record Amount of Shiba Inu (SHIB)
According to a tweet published on Monday, the SHIB burn platform removed 5,364,995 Shiba Inu meme coins from the circulating supply.
$61 yesterday, bringing us to $2007 for the month!
We can still beat last month, let’s make these last 5 days count!
— SHIB Super Store (@shib_superstore) September 26, 2022
Overall, Johnson stated in the tweet that this month, roughly 187 million meme coins had been sent to dead-end wallets in September—the equivalent of $2,007 earned on advertisements in games and on selling SHIB-branded merch and goods. Johnson has also used Amazon, Amazon Audible, and the MEXC exchange commissions.
The Amazon affiliate program has been the platform’s second biggest earner this month. MEXC, so far, has not been contributing much to the burns. Travis Johnson is the only SHIB army member utilizing the Amazon affiliate program to burn SHIB.
The SHIB burn rate soared to triple-digit values of more than 1,000%. Despite this impressive figure, the number of meme tokens sent to “inferno” wallets was not that big. On that day, the SHIB army managed to get rid of approximately 130 million tokens worth $1,430.
By now, the burn rate of the second largest meme crypto has gone red, dropping to -77.23%, with only 29,433,603 Shiba Inu locked in unspendable wallets. Even though a great focus remains on SHIB burning, with the overall negative situation in the global economy, burns will hardly ensure any price surge for the meme coin.
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