Shiba Inu Coin Massive Burn Announced!!

$6.1Billion Shiba Inu Coin Burned To Reach all time high!
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Bigger Entertainment the world’s first cryptocurrency record label,will host a Shiba Inu burn party. Entertainment has announced a Shiba Inu burn party, which can remove 1 billion SHIB from circulation if it takes place. Proponents feel that the Valentine’s Day event will help to feed a bullish narrative for the pricing of Shiba Inus.
Previously, the label burned 240 million Shiba Inu tokens on Christmas Eve. Steven Cooper, the proprietor of Bigger Entertainment, has invited 4,000 members of the Shiba Inu community to participate in the burning of 1 billion Shiba Inu tokens.
Steven Cooper tweeted that If 4,000 more #shibarmy pitch in $5[Sentence not matching, what is trying to say?], the community can burn 1 BILLION shib tokens and have the largest burn party ever. This is nothing for an army of this size.
Along with Bigger Entertainment, several other businesses have contributed to the burning of Shiba Inu tokens. Brick Buster, a game available on the Google Play Store, burned a total of 232 million tokens in January 2022.
After burning 109 million tokens in 58 transactions, Shiba Inu announced the introduction of the Shiboshi NFT collection on Reddit.
Historically, a burn causes a shortage of cryptocurrency, promoting a bullish narrative about the cryptocurrency’s price. Experts feel that the burn implementation in Ethereum was a significant reason for the subsequent increase in the value of that altcoin.
Throughout January, the Shiba Inu team worked tirelessly to turn SHIB into a deflationary asset by burning and destroying SHIB tokens, even though price drops dominated the market.

Cooper believes that, in addition to burning SHIB, amusing people is the most effective strategy to raise the price of SHIB to $0.01. He wrote on Twitter: Our goal isn’t for shib holders to always burn their coins. Our goal is to spread music, YouTube vids, merch, NFT’s, etc to audiences outside of #shibarmy.
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