Why Shiba Inu (SHIB) Price Can Surge Again?

There is so much going on for the Shiba Inu (SHIB) community to send the coin to the Moon. BNB whale has purchased around 139B Shiba Inu tokens while Steven Cooper has announced that his company will burn 240 Million SHIBs in a scheduled event. On the other hand, SHIB has officially announced a new upcoming Twitter Spaces AMA event.

Crypto whales buys over 139 Billion coins

Crypto whales are not stopping to show their love for the meme coin. In a big, a Whale Investor bought 139,929,254,883 SHIBs (139B) worthen over $4.3 million on the Binance Smart Chain-based PancakeSwap.

At the time of the purchase, the SHIB price was trading at an average price of $0.00003026, however, due to certain corrections in the Bitcoin, Shiba Inu (SHIB) has also plunged 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

As per WhaleStats, Shiba Inu has overturned 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 which are worth around $1,722,780,849.

💎👏 JUST IN: $SHIB @Shibtoken had flipped $MATIC to be most traded token by 1000 biggest #ETH wallets

🐳🐳 The top 1000 #ETH whales are hodling 54,640,355,419,904 $SHIB ($1,722,780,849)

Whale leaderboard: https://t.co/N5qqsCShZR#SHIB #ShibArmy

— WhaleStats – BabyWhale ($BBW) (@WhaleStats) February 13, 2022

Big SHIB token burn event ahead

Steven Cooper, an owner of Bigger Entertainment, has dropped many burn notifications in the past. In the recent announcement, he said that his company will burn 240 Million SHIBs during the burn event scheduled for this Valentine.

Great job #shibarmy! Over 131 Mil #shib sent direct to dead wallet this week. We’ll burn 240 Mil tomorrow during the burn party. Bricks Buster will burn 500 Mil on the 15th. Right around 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 to surge the official Twitter handle of SHIB burn also revealed that almost 164 million tokens have been taken out of the SHIB total circulation by the Shiba Inu (SHIB) community and that in the last 7 days.

In the last 7 days, there have been a total of 163,931,960 $SHIB tokens burned and 71 transactions. #shibarmy

— Shibburn (@shibburn) February 13, 2022

SHIB schedules event with crypto enthusiast amid Super Bowl

As per reports, over 410,302,245,724,285 which makes its 41% of the total SHIB tokens are burnt till now from the initial supply.

Meanwhile, to increase the excitement among Shiba Inu holders, SHIB has declared some upcoming events with famous crypto influencer WatcherGuru. SHIS’s has put out the date over the event but has announced the time yet.

Hello, #ShibArmy! Hope you’re enjoying 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 hashtag: #ShibaGuruAMA

Can’t wait to see everyone there, Woof! pic.twitter.com/82arTmZ5NO

— Shib (@Shibtoken) February 14, 2022

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