Shiba Inu (SHIB) community members have remained resolute with their SHIB burn campaigns, believing that the value of the meme token in the market can grow substantially if its whopping supply could be reduced drastically.
As reported about two days ago, another 140.7 million Shiba Inu tokens have been added to the burn pot of this major SHIB burning team for the 15th March burn event.
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140.7M SHIB Tokens Added to the Burn Pot
According to the SHIB Super Store Twitter account, which represents the official page of the Johnson SHIB burn games, a total of $3,159 worth of SHIB tokens have been prepared so far in March for the burn event that usually plays out on the 15th day of each month.
SHIB Super Store tweeted, “Numbers updated! $3,159 shibsuperstore.com A little behind last month, but we will get there! CPM has been pretty low, and Android still hasn’t monetized Candy Trips. There is still plenty of month left, let’s do it!”
Numbers updated!
$3,159https://t.co/d0goxr6sys
A little behind last month, but we will get there!
CPM has been pretty low, and Android still hasn't monetized Candy Trips.
There is still plenty of month left, let's do it! pic.twitter.com/WbLJzFiPk1
— SHIB Super Store (@shib_superstore) March 11, 2022
The dollar value of $3,159 is 140,712,694 SHIB tokens. On 1st March, SHIB Super Store took to Twitter to announce that the team had managed to garner a total of 514,503,816 Shiba Inu tokens for the burn event.
Howbeit, in fiat this amount does not look as exciting as in crypto – $12,806. By now, the total amount of SHIB to be burned equals relatively 655,216,510, depending on the moves of the token price.
Amount to burn on March 15:
$12,806!
Think about how amazing that is, we beat last month, with 3 less days, and Android being shady as hell.
Working on the store revenue section, so this number will go up slightly before the burn.
I think we shoot for $20k next month! pic.twitter.com/5WZOhEpXPT
— SHIB Super Store (@shib_superstore) March 1, 2022
The company uses part of its advertising profits for purchasing SHIB. The profit comes from its mobile games.
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