thecryptobasic.com
Shiba Inu Burning continues at a rapid pace.
In the past 24 hours, 9.7M Shiba Inu tokens were burned. So far, 410,300,575,781,510 SHIB tokens (41.03006%) have been burned from the initial supply of 1 quadrillion.
Steven Cooper, the owner of Bigg Entertainment, said his team was able to burn 4.9 Million shib tokens in one day. They were able to burn 894,383,100 since October last year after launch of their burning campaign.
Another 2.4 Million #shib burned + two more playlist additions totaling 2.5 Million. Our total burned today is 4.9 Million and our total burned since starting our campaign is now 894,383,100. #shibarmyhttps://t.co/uYloGAYrYG
— Steven Cooper (@iamstevencooper) January 4, 2022
Bigg entertainment and Shiba coffee are the big names that are burning shib regularly; as a result, they have enticed a lot of Shib army that has worked well for these businesses as a successful marketing campaign.
Recently Bigger Entertainment announced the launch of their blockchain game ‘MixDraft.’ The company will raise funds for their game in postcard sales for $6 each. $ 1 from the sale per postcard will be used to burn Shiba Tokens. The team hopes to hit the $100,000 target in SHIB burning, which equates to 2.95 billion SHIB coins.
Cooper confirmed that they have officially begun their journey to burning $100,000 in shib and building their first Blockchain Music Game, MixDraft!. The company was able to sell 444 limited edition postcards as a start of a massive burn campaign.
Yesterday, Ethereum whale “Gimli” bought 110,000,000,000 shib for $3,624,500 USD. That is an enormous 110 Billion Shiba Inu coin bought for $3.6 Million, but even after such massive buying, the price of SHIB remains stagnant.