95 million Shiba Inu burned in 24 hours as this top burner exits SHIB
Nearly 100 million meme tokens have been destroyed since last morning as Bigger Entertainment bids farewell to their SHIB campaign
The SHIB army continues to move large amounts of Shiba Inu into dead wallets, this time burning nearly 100 million meme crypto tokens.
In the meantime, a major SHIB branding company that has inspired many other token burn initiatives has announced that they have sold their Shiba Inu and are discontinuing their SHIB campaign.
95 million SHIB destroyed by community
@shibburn Twitter user, who regularly shares data on SHIB burns from his website, has tweeted that a total of 95 million meme tokens have been connected to “inferno” addresses and locked up there permanently since last morning.
In the last 24 hours, there are a total of 88,858,653 $SHIB tokens burned and 16 transactions. Attend https://t.co/t0eRMnyZel to see the total total of #SHIB tokens burned, circulating stock and more. #shibarmy
— Shibburn (@shibburn) Apr 2, 2022
Large SHIB burner shuts down
Bigger Entertainment CEO Steven Cooper announced on Twitter that he and his Big Entertainment team, which have burned more than a billion SHIB tokens since the end of October, have retired and are halting their SHIB burning campaign.
Cooper has referred to “the recent developments” as the reason for this radical move. Earlier this year, he tweeted that his initiative to burn SHIB by selling $5 tickets to live burn parties on YouTube had received negative backlash from the SHIB military and they had started receiving accusations of being a scam.
Cooper revealed in the tweet that they will be performing the ongoing SHIB burns tonight. Cooper stressed that this is not an April 1 joke, although some in the comment thread believe that this is exactly an April 1 joke as nothing related to SHIB and token burnings has been removed from the company’s website.
We will not respond to hateful comments. We wish all holders the best of luck. Thank you so much to everyone who understands that we have given everything for this project and must do what we believe is best for our company, our employees, artists, etc.
— Steven Cooper (@iamstevencooper) Apr 1, 2022