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What does shiba party mean and how much shiba is burned daily

By Barry Stidham
Sep 8, 2022
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Crypto entertainment company Bigger Entertainment destroyed over 240 million SHIB during its Valentine’s Day Shiba burn event as it continues to push forward in SHIB community burning. Hosted by CEO Steven Cooper and Jack Cottingham, the event saw Bigger Entertainment increase its total Shiba Inu Coin burned to over 1.3 billion SHIB. Previous burns include a Christmas Party burn, and general burns from its Shiba Burner Spotify playlists.

Here’s a look at what does shiba party mean and how much shiba is burned daily.

According to the Ethers can transaction, Bigger Entertainment burned 240,192,701 SHIB worth $7,496.41 during its latest burn party. This came through its playlists, merchandise, and burn pot tickets. Ad revenue and super chat income from the event will also be burned. Bigger Entertainment also announced a new wider plan for its future burning endeavours. The goal is: “To create an entertainment ecosystem where customers are burning with or without being a SHIB holder.”

This will occur through burning via its merchandise sales, games, apps, NFTs, music playlists, and several other projects. In the future, events and burns will be funded directly through event tickets, with all the profits going towards burning SHIB.

This article shows what does shiba party mean and how much shiba is burned daily.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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