“Amazon SHIB Burner” About to Catch Up with September Burns: Details
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Developer of games for smart phones, supporter of SHIB burns Travis Johnson, who runs “Shib Super Store” has announced on the shop’s Twitter page that his is on track to catch up and then hopefully surpass the amount of SHIB burned in September, even though only half of the month has passed.
On track to meet September figures
Among his tools for burning these meme coins, Travis uses Amazon affiliate program, as well as one from Fiverr and MEXC crypto exchange.
Together with advert profits and commissions earned on Amazon, Fiverr and MEXC, the tweet states, the overall amount of SHIB burned so far this month comprises $860. This is worth 84,729,064 SHIB. "We are on track to meet the numbers from last month", Johnson says.
Oct 13!
— SHIB Super Store (@shib_superstore) October 14, 2022
$61 yesterday, bringing the total for the month so far to $860.
We are on track to meet the numbers from last month, but there is still time left!
All ways to burn at https://t.co/d0goxr70o0
Burn by buying gas, using Amazon, playing games, etc!#SHIBARMY pic.twitter.com/4E2v2t3jlU
385 million burned this week in total
Overall, the amount of burns made by the SHIB community has been decreasing recently. This week, according to data published by Shibburn Twitter account, only 385.1 million meme coins was sent to dead-end wallets.
This week, SHIB market performance has been negative, following the set back of Bitcoin, when SHIB dropped below the $0.00001 level briefly. By now, however, the price of the meme coin has made a slight recovery, trading $0.00001015.
However, this week, the interest of the largest Ethereum whales rose towards SHIB as it became twice their biggest crypto holding in the USD equivalent.