Home Latest News 56 Million SHIB Burned Despite Trouble with Robinhood and Coinbase: Details –...

56 Million SHIB Burned Despite Trouble with Robinhood and Coinbase: Details – U.Today

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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Game developer Travis Johnson has performed another weekly Shiba Inu burn from the profits of his “Super Shib Store”, this time removing a total of 56,000,000 SHIB from the circulating supply.
He shared the news in a recent tweet, saying that he “was having trouble with Robinhood, Coinbase” and also with MetaMask wallet.
The developer did not specify what trouble he had with this popular trading platforms, however, in one of his previous tweets this week, he mentioned that he had difficulty sending SHIB tokens via Robinhood.
The store allocates part of advert profits from its mobile games, as well as selling SHIB-branded goods and merchandise, to weekly SHIB burns, which have replaces monthly ones which used to be made on 15th of every month. Now, meme coins are moved to unspendable wallets every Sunday.
Finally was able to burn!

Was having trouble with Robinhood, then Coinbase, then Metamask was acting weird

56M Tokens burned!
($592) Burn was supposed to be $647, but had to leave $68 behind to make it work, I’ll add that $68 to this coming weeks burnhttps://t.co/TCiryxHzRV pic.twitter.com/eSedegyAtB

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Another recent tweet of the “Super Shib Store” says that they have managed to burn 16,525,821 Shiba Inu bought with commissions from the Amazon affiliate program that was recently announced by this Twitter account.
$176 worth of commissions! (Some was burned today)

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This allows the army to burn using no extra money out of pocket, no extra time, and they get the items they want! All it takes is one click!

Just click the Amazon advertisement on https://t.co/d0goxr6sys then shop like normal! pic.twitter.com/HJX1KKno94
Overall, according to the @shibburn tracker, over the past 24 hours, a total amount of 284,133,700 SHIB has been sent to dead-end wallets. The burn rate has increased by 190.25 percent compared to a day ago.

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 
His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.
Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.
Disclaimer: Any financial and market information given on U.Today is written for informational purpose only. Conduct your own research by contacting financial experts before making any investment decisions.

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She has spent the past eight years playing the role of an infrastructure consultant, and has now joined Inferse.com as a full time blogger. Her current profession is a result of her deep interest in computer gadgets, laptops, gaming accessories and other tech happenings.