In a recent development, it was revealed that one of the community-led SHIB Burn initiatives, Super Store sent a massive 26.77 Million SHIB to the “inferno” addresses in one significant transaction using SHIB Burn Portal.
Recall that Travis Johnson, the SHIB Super Store Owner and game developer shared the good news on his Offical Twitter handle saying it would now help SHIB to reduce its gigantic supply via Fiverr, the world’s largest marketplace for digital services. 10% of every gig payment would go towards burning Shiba Inu, the world’s most popular canine-themed cryptocurrency.
Read Also: Ripple’s General Counsel Slams SEC Saying It Does Not Has Power To Label XRP A Security
SHIB Super Store Burns A Massive 26.77M
The current latest Superstore burning was also shared on its Twitter handle, noting that it has just removed a whopping 26,772,703 (26.77M) SHIB from circulation forever in one noteworthy transaction.
Per Shibburn.com, the Shiba Inu community had burned a total of 106,780,540 (106.78M) SHIB to the “inferno” addresses via 29 separate transactions over the last seven days.
Although the activities of the SHIB Army and the community-led initiatives seem not showing on the price of Shiba Inu due to the general bear market. The coin trades at $0.000008709, down -5.17% over the last day, with a 24-hour trading volume of $179,653,194 ($179.65M).