Cryptocurrency

140M SHIB Added To Burn Pot For 15th March Event, Burn Pot Now Contains 655M SHIB Tokens

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.

Read Also: Shiba Inu (SHIB) and Dogecoin (DOGE) Are Finally Live For Online Payments On AMC Theatres Website

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!”

Read Also: Shiba Inu Flips FTX To Become Biggest Coin Held By Top 1000 ETH Wallets. Whales Now Hold $1.42B Worth of SHIB

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.

The company uses part of its advertising profits for purchasing SHIB. The profit comes from its mobile games.


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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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