56 Million SHIB Burned Despite Trouble with Robinhood and Coinbase: Details
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Game developer Travis Johnson has performed another weekly Shiba Inu burn from the profits of his “Super Shib Store”, this time removing a total of 56,000,000 SHIB from the circulating supply.
Burning after solving issues with major crypto platforms
He shared the news in a recent tweet, saying that he “was having trouble with Robinhood, Coinbase” and also with MetaMask wallet.
The developer did not specify what trouble he had with this popular trading platforms, however, in one of his previous tweets this week, he mentioned that he had difficulty sending SHIB tokens via Robinhood.
The store allocates part of advert profits from its mobile games, as well as selling SHIB-branded goods and merchandise, to weekly SHIB burns, which have replaces monthly ones which used to be made on 15th of every month. Now, meme coins are moved to unspendable wallets every Sunday.
Finally was able to burn!
Was having trouble with Robinhood, then Coinbase, then Metamask was acting weird
56M Tokens burned!
($592) Burn was supposed to be $647, but had to leave $68 behind to make it work, I'll add that $68 to this coming weeks burnhttps://t.co/TCiryxHzRV pic.twitter.com/eSedegyAtB— SHIB Super Store (@shib_superstore) June 7, 2022XRP: Critical Pattern Emerging, Ethereum (ETH) Not Giving Up, Major Solana (SOL) Support HereBillionaire Peterffy: 'Anybody Who Does Not Have Bitcoin Should Have Some Bitcoin'Bitcoin Reclaims $100K as MicroStrategy's Saylor Rejects Idea of Taking GainsCan Solana (SOL) Lead This New Market Rebound?
16.5 million SHIB burned via Amazon
Another recent tweet of the “Super Shib Store” says that they have managed to burn 16,525,821 Shiba Inu bought with commissions from the Amazon affiliate program that was recently announced by this Twitter account.
$176 worth of commissions! (Some was burned today)
— SHIB Super Store (@shib_superstore) June 7, 2022
This allows the army to burn using no extra money out of pocket, no extra time, and they get the items they want! All it takes is one click!
Just click the Amazon advertisement on https://t.co/d0goxr6sys then shop like normal! pic.twitter.com/HJX1KKno94
Overall, according to the @shibburn tracker, over the past 24 hours, a total amount of 284,133,700 SHIB has been sent to dead-end wallets. The burn rate has increased by 190.25 percent compared to a day ago.