A close to 100 million meme tokens has been destroyed since last morning, while Bigger Entertainment waves goodbye to their SHIB campaign
The SHIB Army continues to move large chunks of Shiba Inu to dead wallets, this time burning nearly 100 million crypto tokens.
In the meantime, major SHIB burn business that has inspired many other token burn initiatives has announced that they have sold their Shiba Inu and are quitting their SHIB campaign.
95 million SHIBs destroyed by the community
Twitter user @shibburn, who regularly shares SHIB burn data from his website, tweeted that since yesterday morning, a total of 95 million meme tokens have been wired to “inferno” addresses and were permanently locked up there.
Big SHIB burner shuts down
Bigger Entertainment chief executive Steven Cooper has taken to Twitter to announce that he and his Big Entertainment team that have burned over one billion SHIB tokens since late October have called it quits and are shutting down their SHIB burn campaign.
As the reason for this drastic step, Cooper cited “recent developments.” Earlier this year he tweeted that his initiative to burn SHIB by selling $5 tickets for live burn parties on YouTube had faced a backlash from the SHIB army and they started receiving accusations of ‘fraud.
Cooper revealed in the tweet that they will conduct the pending SHIB burns tonight. Cooper stressed that this is not an April Fool’s joke, although some in the comment thread believe that this is exactly an April 1 joke, since nothing related to SHIB and token burns has been removed from the company’s website.
