One of mobile game producers that actively burns Shiba Inu tokens has destroyed over a quarter of a billion SHIB so far this month
The Twitter account of a major SHIB Burner boasted of having burned just over 324 million Shiba Inu tokens so far this month, apparently planning to destroy more as February continues.
$8,573 worth of SHIB burned
Twitter account @317_key, which represents Travis Johnson’s SHIB burn games, has spread the word that so far in February, the overall amount of 324,611,889 SHIB has been moved to a dead Shiba Inu address; that is the equivalent of $8,573.
This amount of canine tokens was destroyed on February 19, and the money earned for the purchase of SHIB that was later burned came from three sources, according to the company’s website. This was daily advertising revenue generated by mobile games Bricks Buster and Candy Trips.
The ad revenue came in portions of $7,830 and $743, correspondingly. Those sums bought 295,137,580 and 28,006,030 SHIB tokens.
37.7 million burned in one day
A third game was also mentioned there, ZOMBIE ASSASIN, but it’s only earned the company $48 so far in February: 1,808,590 Shiba Inu.
In an earlier tweet, the company promised to release a new product on the website that would also help to burn more SHIB.
On February 17, the company burned 37,707,390 in a single day, or $1,000 of the meme token.
31.5 million SHIB gone in past four days
One more SHIB burning team, represented on Twitter as @Shibburn, has shared that in the past four days, various members of the SHIB Army have locked a comprised 31.46 million tokens. The data on the burned tokens on their website is duplicated from the etherscan crypto tracker for ETH-based tokens.
The largest SHIB transfer to a dead wallet was 14,318,442 tokens, made from February 18 to Friday. A day before that, someone also burned 111,111,111 SHIB in a single transfer.
SHIB price action
As of this writing, the 14th biggest cryptocurrency by market capitalization value, SHIB, is exchanging hands at the price of $0.00002641, as per data provided by CoinMarketCap.
The canine token is showing a small rise of 3.73% in the last 24 hours. Earlier in the day, SHIB hit a local high of $0.00002745, but the price curve then fell sharply.
So far, the coin is down 70.14% from its historic peak of $0.00008845 reached on Oct. 28 last year.
