Big Fun kept its promise and caused devastation for SHIB.

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Since Ethereum founder Vitalik Buterin destroyed 410 trillion SHIBs in May 2021, this figure represents about 41% of SHIB's circulating supply, resulting in over 1,030 independent token damage to the network. SHIB.

In a statement issued on December 22, Steven Cooper, CEO of Bigger Entertainment, a music advertising group known for having its first cryptocurrency app, announced that the company plans to launch the Christmas party on December 26. 176 million SHIB tokens burnt. From.

Members of the SHIB Legion must purchase a $ 5 damage ticket to join in the fun. Lots of fun on the investment to save the extra GAS costs needed to burn tokens.

On December 26, the company announced that a total of 239 million SHIB party rallies had been disbanded and cost around $ 9,000. Full details of the SHIB disaster have been reported to the SHIB Corps.

According to Cooper, the burning of the SHIB tokens will be done monthly until the value of SHIB reaches $ 0.01. In total, more than 14.5 billion SHIB tokens have been destroyed since Buterin first destroyed the SHIB. Big Fun has announced the time of SHIB's destruction in 2022. The special timeline is as follows.

Valentine's Day Event (SHIB Lover's product release): January 14 - February 14

SHIB Super Bun (weekly Super Bowl event): February 7 - February 13

Crazy NFT (Mars Crazy Event): March 13 to April 4

Over time, the deflation mechanism adopted by SHIB is expected to increase SHIB's insufficiency and pull its value.

Sau: Milko Trajcevski Compiler: Maya | Source: Dailycoin