The Shiba Inu token community has pushed over 229.16 million Shiba Inu (SHIB) out of circulation. In the last 24 hours, game developer Travis Johnson has led the Burn Show from the front. SHIB worth $176 was burned via Amazon.
According to a recent tweet by shibburn.com, the Shiba Inu community has sent 229.16 million SHIB to unspendable wallets in the last 24 hours.
According to the tweet by shibburn.com, 229,165,044 Shiba Inu have been removed from circulation and locked in dead wallets, making the second-largest meme cryptocurrency a little more scarce.
These outcomes were obtained after 11 transactions. Travis Johnson made the most significant burns, sending 56,024,490 (56.02M) canine tokens worth $592 to a dead wallet in a single large transaction.
Travis Johnson’s burn was scheduled for last Sunday. However, the project has been forced to postpone its Burn Event until Tuesday due to unexpected technical issues. He explains the delay by stating that he “was having trouble with Robinhood, Coinbase, and the MetaMask wallet.”
While taking the transparency of the Burn Project seriously, Johnson informed the community that his Burn Project, dubbed “SHIB Super Store,” was only able to burn $592 worth of Shiba Inu rather than $647. His SHIB superstore, on the other hand, confirms that the remaining $68 will be added to the upcoming Burn Event.
SHIB Burned $176 Worth of Tokens via Amazon
According to another tweet from “SHIB Super Store,” the project has earned 176$ in commissions through the Amazon Affiliate Program. Additionally, Travis Johnson confirms that his personal burning project used some of the commissions from this event to buy and burn Shiba Inu. This is the first Shiba Inu Burn on Amazon.
According to Shibburn.com, 410,367,942,570,340 (410.36T) Shiba Inu tokens have been removed from circulation forever from an initial supply of 1 Quadrillion tokens.
The total supply of the canine-themed cryptocurrency has been reduced to 589,632,057,429,659 units (589.63T). Out of this total supply, 556.32T Shiba Inu tokens are currently in circulation, with Shiba Inu holders staking 33.30T of the supply on ShibaSwap.