What's Hot

    Chinese tax authorities step up pressure on private crypto investors

    26.01.2023

    Tether will look for crypto transactions that pay for child pornography

    26.01.2023

    On-chain activity in the Optimism network collapsed after the end of the NFT bonus program

    26.01.2023
    Facebook Twitter Instagram
    Friday, January 27
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Altcoins»176 million Shiba Inu coins to be burned on December 26
    1640173967 c7153664882808887776545536f6492348a1ac1d
    Altcoins

    176 million Shiba Inu coins to be burned on December 26

    AdministratorBy Administrator22.12.2021No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reading time: ~ 2 m


    As promised by Bigger Entertainment Recording Studio owner Stephen Cooper, his team will destroy a large number of tokens at a special “burn party” later this month. Yesterday it turned out that the number of destroyed tokens increased to 176 million SHIB.

    Cooper shared a link to etherscan, from which it follows that an additional two million SHIBs have already been sent to the zero address from which coins cannot be spent or withdrawn.

    1638955994 113 CryptoQuant analysts compared the May and December drop in bitcoin

    Bigger Entertainment is the first studio to accept SHIB as payment for merchandise, music, NFT and event tickets.

    The entire Shiba Inu community is invited to the “burning party” on December 26, and a ticket costs $ 5. It was estimated that if 7,500 SHIB holders paid $ 5 each, the team would burn one billion coins.

    Given the low turnout, Bigger Entertainment’s team will be able to burn 176 million SHIB, however Cooper still believes the original plans can come true. In his opinion, burning as many coins as possible at one time will save gas costs for Ethereum.

    Shibarmy, let’s make the final push! Buy a hot ticket on our website for $ 5 …

    We’re set to burn 176 Mil #shib & growing at our burn party Dec. 26th. We’re burning live. Lets give one final push #shibarmy! Buy a burn ticket on our website for $5. 100% burned. This saves gas fees instead of everyone doing separate burns.

    Tickets: https://t.co/NPAZpWCspz

    — Steven Cooper (@iamstevencooper) December 21, 2021

    Stephen Cooper tweeted that his team has destroyed 641 million coins since October, along with two million SHIBs that were burned 11 hours ago.

    Another 2 Million #shib burned. This brings our total to 641,382,956 coins burned since Oct. 20th when we launched our campaign.

    Learn more about what we’re doing here: https://t.co/JpOQFPqcXJ

    Etherscan: https://t.co/AuqtBHJ0Sg

    — Steven Cooper (@iamstevencooper) December 21, 2021

    In total, since November of this year, the number of SHIBs burned has reached approximately two billion coins. While the idea of ​​reducing the circulating supply has not contributed to the price increase, it has shown a consistent decline over the past 30 days.




    #million #Shiba #Inu #coins #burned #December

    burned coins December Inu million Shiba
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    Shiba Inu Network Transferred 3 Trillion SHIB Tokens Worth $38 Million

    26.01.2023

    Djed on the Cardano network will be launched next week. What’s next for ADA?

    26.01.2023

    User demands half a million dollars from OpenSea to block account

    26.01.2023

    ​BUSD stablecoin supply drops $2bn in a month

    26.01.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • Chinese tax authorities step up pressure on private crypto investors
    • Tether will look for crypto transactions that pay for child pornography
    • On-chain activity in the Optimism network collapsed after the end of the NFT bonus program
    • Shiba Inu Network Transferred 3 Trillion SHIB Tokens Worth $38 Million
    • AI Calls Bitcoin a Tool to Destroy Central Banks
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.