Main navigation

324 Million SHIB Burned This Month by This Major Token Burner

Mon, 02/21/2022 - 11:49
article image
Yuri Molchan
One of mobile game producers that actively burns Shiba Inu tokens has destroyed over a quarter of a billion SHIB so far this month
324 Million SHIB Burned This Month by This Major Token Burner
Cover image via

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Read U.TODAY on
Google News

The Twitter account of a major SHIB burner has boasted burning slightly over 324 million Shiba Inu tokens so far this month, apparently planning to destroy more while 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 by Feb. 19, and the cash earned for buying SHIB that were burned later came from three sources, according to the company's website. That was daily advertising revenue made by the Bricks Buster and Candy Trips mobile games.

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 has so far earned the company as little as $48 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 Feb. 17, the company burned 37,707,390 within a single day—$1,000 worth of the meme token.

Image via shibsuperstore

Ethereum Whale Buys 47 Billion Shiba Inu Tokens While Holding $116 Million Worth of SHIB

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 single SHIB transfer to a dead wallet was 14,318,442 tokens, made on Feb. 18—Friday. A day before that, someone burned 111,111,111 SHIB in a single transfer too.

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% over the past 24 hours. Earlier today, SHIB reached a local high of $0.00002745, but then the price curve went down sharply.

So far, the coin is down 70.14% from its historic peak of $0.00008845 reached on Oct. 28 last year.

article image
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