So much is happening for the Shiba Inu (SHIB) community to send the coin to the moon. BNB Whale has purchased approximately 139 billion Shiba Inu tokens, while Steven Cooper has announced that his company will burn 240 million SHIBs at a planned event. On the other hand, SHIB has officially announced a new upcoming Twitter Spaces AMA event.
Crypto Whales Buy Over 139 Billion Coins
Crypto whales are not stopping to show their love for the meme coin. In a large one, a Whale Investor bought 139,929,254,883 SHIBs (139B) worth more than $4.3 million on the Binance Smart Chain-based PancakeSwap.
At the time of purchase, the SHIB price was trading at an average price of $0.00003026 but due to certain corrections in the Bitcoin, Shiba Inu (SHIB) has also fallen a bit.
🐋 A BNB Whale Just Bought 139,929.254,883 $shib ($4,232,859 USD).
Ranked 1 on WhaleStats: https://t.co/M6Nd6S3u0F
Transaction: https://t.co/BXxW5dyLdz#SHIB #ShibArmy
— WhaleStats – the top 1000 BSC richlist (@WhaleStatsBSC) February 13, 2022
According to WhaleStats, Shiba Inu has toppled Polygon (MATIC) to become the most traded coin by 1000 largest Ethereum wallets. Data revealed by the WhaleStats, the top ETH whales hold over 54,640 trillion SHIB tokens worth approximately $1,722,780,849.
JUST INSIDE: $SHIB @Shibtoken was turned over $MATIC to be the most traded token with the 1000 largest #ETH purses
🐳🐳 The top 1000 #ETH whales hodling 54.640.355.419.904 $SHIB ($1,722,780,849)
Whale standings: https://t.co/N5qqsCShZR#SHIB #ShibArmy
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) February 13, 2022
Major SHIB Token Burning Event Coming Up
Steven Cooper, an owner of Bigger Entertainment, has dropped many fire alarms in the past. In the recent announcement, he said his company will burn 240 million SHIBs during the fire event scheduled for this Valentine’s Day.
Good job #shibarmy† Over 131 million #shib sent straight to the dead wallet this week. We will burn 240 Mil tomorrow at the fire feast. Bricks Buster will burn 500 Mil on the 15th. Exactly about 1 BILLION for the week. Some said that was impossible. Let’s go for 2 BILLION next!
— Steven Cooper (@iamstevencooper) February 14, 2022
However, Steven has already revealed that he has already burned over 130 million SHIBs in the past 7 days.
Helping SHIB increase its official Twitter handle on SHIB fires also revealed that nearly 164 million tokens have been withdrawn from total circulation of SHIB by the Shiba Inu (SHIB) community in the past 7 days.
In the past 7 days, there are a total of 163,931,960 $SHIB tokens burned and 71 transactions. #shibarmy
— Shibburn (@shibburn) February 13, 2022
SHIB Plans Crypto Enthusiast Event Amid Super Bowl
According to reports, more than 410,302,245,724,285, which makes up the 41% of the total SHIB tokens, have been burned so far from the initial supply.
Meanwhile, to increase the excitement among Shiba Inu holders, SHIB has announced a number of upcoming events featuring famed crypto influencer WatcherGuru. SHIB’s has announced the date for the event, but has yet to announce the time.
Hello, #ShibArmy† Hope you enjoy the #SuperBowl†
We are excited to announce a new upcoming Twitter Spaces AMA event for Shiba Inu hosted by @WatcherGuru
Date: 2.22.22 — Time: TBD
Use hashtags: #ShibaGuruAMACan’t wait to see everyone there, Woof! pic.twitter.com/82arTmZ5NO
— Shib (@Shibtoken) February 14, 2022
Disclaimer
The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication is not responsible for your personal financial loss.
About the author
This post Why may the price of Shiba Inu (SHIB) rise again?
was published first on https://coingape.com/shibu-inu-price-surge-again/