Steven Cooper, the owner of the music company Bigger Entertainment, shared 2 million 750,000 Shiba Inu tokens (SHIB) with his tweet today. by burning announced its final removal from circulation.
According to the statement made by Cooper, after a recent broadcast with the SHIB community, today is Turkey time. at 03:47 A further burning of 2 million 750 thousand SHIB took place.
Tokens burnedSince it is sent to an unused blockchain address, it cannot be spent again and is deemed to have finally exited circulation.
Half of the initial total supply of Shiba Inu, which entered the market in 2020 as a competitor to Dogecoin (DOGE) Sent to Vitalik Buterin, co-founder of Ethereum, if half to Uniswap it was locked. After Buterin donated some of the SHIB tokens sent to him, More than 410 trillion SHIBs It was taken out of circulation in May 2021.
Token burning became popular among the Shiba Inu community following Buterin’s action. Bigger Entertainment, one of the representatives of this trend, with the participation of Shiba Inu supporters. since October 20 at various intervals token burning campaigns is organizing.
At the company’s New Year’s Eve event, which was broadcast live last week, a pool was created with the contributions of SHIB supporters and More than 239 million 600 thousand SHIB was burned.
Bigger Entertainment, in total, within the scope of the campaigns it has been running since October, together with today’s transaction. 889 million 483 thousand 100 units SHIB has been burned.
Cooper shared on his social media account, “We are excited about what 2022 will bring!the expression ” used. The company plans to continue its burning campaigns for SHIB in the coming weeks.