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15 Million SHIB Burned via Amazon in August: Details

Thu, 08/18/2022 - 09:11
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Yuri Molchan
Another large chunk of SHIB burned via Amazon without "extra money out of SHIB army's pocket"
15 Million SHIB Burned via Amazon in August: Details
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Game dev Travis Johnson, who regularly burns Shiba Inu tokens using some of the profits from his online shop, has taken to Twitter to share that, in this month so far, he has managed to burn nearly 15 million Shiba Inu via the affiliate program with Amazon.

He pointed out that this burn did not cost anyone in the SHIB army any extra money out of their pockets.

Amazon helps burn 15 million SHIB

Johnson tweeted that, thanks to the opportunity offered by Amazon for making profits from sales, so far in August he has managed to remove 14,804,845 SHIB from the circulating supply, which is evaluated at $220.

Since he earned this money as a commission from the affiliate program, he specified that nobody has had to spend any extra money to help burn these Shiba Inu tokens.

On Aug. 16 in particular, according to an earlier tweet, Johnson managed to earn $15, which is slightly over 1 million SHIB via the Amazon program. These meme coins will be burned on Sunday along with others bought with advertising profits from Johnson's mobile phone games.

Overall, he believes that Amazon remains strong for SHIB burns, according to a tweet posted on Wednesday.

On Sunday, Aug. 14, in particular, the affiliate program of Amazon helped Johnson burn SHIB by contributing 39,555,189 coins, which were removed. Thanks to Amazon and other sources of money for buying and burning SHIB, Johnson believes he will be able to beat July in burns by 30% this month.

$193 Million in SHIB End up in Whales' Wallets as They Increase Holdings

SHIB burn rate spikes 345.52%

As per a recent tweet by another SHIB burn portal, the SHIB burn rate has exploded by a staggering 345.52% compared to yesterday.

Shibburn has reported that in the past 24 hours, 64,506,471 meme coins have been burned in total via 10 transactions, which moved these SHIB to unspendable wallets.

Image via Shibburn
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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at