shiba inuof (SHIB) continued to shrink in circulation, with nearly one billion SHIB destroyed by various companies in February.
655 million SHIB tokens in just two days burned. In the last 24 hours, 65.5 million SHIBs have been destroyed. A company that makes games for mobile phones reported that it burned more than 230 million SHIB in February, and 33.6 million on Thursday alone. The SHIB burns in question were based on games produced by the company.
If you missed the updates in the last burn party. You can read about them here. 🙂https://t.co/TNL1RlUVRr#shib #shibarmy
— Steven Cooper (@iamstevencooper) February 18, 2022
Three days ago, the Twitter account @317_key reported that it had burned 415 million Shiba Inu. On February 14, another Steven Cooper-led attempt to burn SHIB, Bigger Entertainment, sent over 240 million SHIB to a dead wallet that could never be withdrawn or spent.
415M SHIB just burned!https://t.co/GHRgYUI2zY
Also a few huge announcements:
Candy Trips!
A new match 3 game!
Share with the community! #1levelchallengeIOS: https://t.co/wubceYuBM0
Android: https://t.co/dQsZ9KNBAO
Also https://t.co/d0goxr6sys!
Updates Coming Soon! pic.twitter.com/23c9ah5D9k— Accomplished_Key_317 (@317_key) February 15, 2022
Bigger Entertainment CEO talking about about 14,318,442 burned SHIB tokens on his Twitter page
In a recent tweet, Shibburn, another Shiba Inu burning platform, reported that 17,615,134 SHIBs had been burned in four transactions in the past 24 hours:
In the past 24 hours, there have been a total of 17,615,134 $SHIB tokens burned and 4 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy
— Shibburn (@shibburn) February 18, 2022
All these burns are expected to contribute to the token price as they significantly reduce the amount of SHIB in circulation. Shiba Inu is currently ranked 14th on CoinMarketCap and is trading at $0.0000283.