As of Wednesday, nearly 112.5 million Shiba Inu (SHIB) have been destroyed by various communities within the SHIB military. Along with this, a major SHIB burner tweeted that almost 435 million meme tokens have been burne so far in Februaryd. Meanwhile, SHIB is slowly recovering from today’s drop, followed by a 17% spike on Friday.
SHIB army burned 112.5 million SHIB in the past four days
As reported by Shibburn, 112.46 million SHIB have been destroyed since Wednesday. The tokens were moved to some dead address, preventing anyone from withdrawing tokens from them and also from being able to withdraw them. The same technology is also used to “burn” other cryptocurrencies.
The largest single SHIBs were burned carrying 44,444,444 SHIBs, 10,000,000 SHIBs, 25,500,000 and 11,111,111 SHIB tokens.
The Twitter account @317_key representing Travis Johnson SHIB burning game and scalding Shiba Inu regularly has spread the word that so far in February, they have attempted to burn $10,770 in Shiba Inu. This is equivalent to 433,924,254.
Excellent work everybody, we have a couple days left to do some more damage and take advantage of these low prices!
The company is buying SHIB with a portion ofits revenue from smartphonem advertising placed in the gams. The account then posted an update stating that the last SHIB burned in February so far totaled 457,137,064 tokens – worth $11,273.
Two major Ethereum investors have acquired a total of 105.7 billion Shiba Inu. They bought 49.9 billion and 55.8 billion SHIB respectively, according to data platform WhaleStats.
Those are Ethereum whales ranked 11th and 1st by WhaleStats.