The Shibburn profile on Twitter has announced that a huge 4 billion Shiba Inu tokens have been burnt in the past week. Shibburn stated that over the past week, 4,175,261,803 SHIB tokens have been burnt through 27 transactions.
SHIB burning is expected to grow in the upcoming days and months due to increasing backing. A Shiba Inu Japan community participant, Kuro, posted a screenshot of an email from Tangem that detailed its SHIB burn aid.
Tangem Plans to burn 5% of each SHIB wallet sold
Tangem, a Swiss-based blockchain firm, has announced that for each Shiba Inu-themed cold wallet sold, 5% will be burned. They have also received 5,000 preorders for the product.
Tangem is also planning to extend its assistance to the Shiba Inu environment, making it known that the Shibarium network will soon be included in the SHIB cold wallet. The capability of storing Shiboshis securely in a Shiba Inu cold wallet is still a part of their plans.
The Shibburn initiative recently announced that their new website will be live this month. This site will monitor SHIB burns and provide users with additional resources to assist in the burning process.
Users will have the chance to acquire SHIB through its associate program and the upcoming Web3 advertising system. Additionally, they can be granted reward tokens for activities such as burning, distributing, subscribing and engaging on social media.
HYIPer.net » 4 Billion SHIB Tokens Were Burnt in the Past Week