Steven Cooper, the founder of Bigger Entertainment, has recently highlighted how he thinks the Shiba Inu community could quickly burn 1 trillion tokens from SHIB circulating supply.
Unlike 20 million and 100 million SHIB that is worth $570 and $2,854 respectively, which get burned on a daily basis, burning 1 trillion SHIB tokens represents a whopping $28.56 million at current prices. Cooper believes this is achievable.
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How Could 1 Trillion SHIB Tokens Burn So Fast?
According to Steven Cooper in one of his recent tweets, the SHIB army could expand almost twice, from relatively 1,170,000 to at least 2 million, with each member holding at least 294.5 million SHIB.
He then said if 1 million holders start sending $30 worth of SHIB daily, then one trillion SHIB will be burned in total.
Steven Cooper tweeted, “If 2 million holders held 294.5 million #shib the supply would be gone. The math is there. Now add in massive initiatives for burning and you have a winning combination. Remember, 1 million people burning around $30 is 1 TRILLION coins gone forever.”
If 2 million holders held 294.5 million #shib the supply would be gone. The math is there. Now add in massive initiatives for burning and you have a winning combination. Remember, 1 million people burning around $30 is 1 TRILLION coins gone forever. pic.twitter.com/7Rd9nOjNHD
— Steven Cooper (@iamstevencooper) February 11, 2022
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26.3 million SHIB burned in past 24 Hours
According to the data provided by the Shibburn, over the past 24 hours, a total of 26,303,773 Shiba Inu tokens have been sent to dead wallets, which implies that all the tokens have been permanently removed from the SHIB’s circulating supply.
Shibburn tweeted, “In the past 24 hours, there have been a total of 26,303,773 $SHIB tokens burned and 21 transactions.”
In the past 24 hours, there have been a total of 26,303,773 $SHIB tokens burned and 21 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy
— Shibburn (@shibburn) February 13, 2022
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