Etherscan data shows that 18.8 million SHIB had been burned in the last 24 hours

In the last 24 hours, about 19 million SHIB have been destroyed, with many more will be burnt on Valentine's Day.

According to data from Etherscan, about 19 million Shiba Inu tokens have been burned in the previous 24 hours, according to the Shibburn Twitter account.

Separate groups within the SHIB community burned this amount of cryptocurrency in ten transactions. A total of 410.3 trillion tokens have been burned, or 41.0302 percent of the entire initial SHIB supply of one quadrillion tokens.

After that, another 1,882,892 was transmitted to a defunct wallet

In nine days, on February 14, another regular SHIB burn party sponsored by Bigger Entertainment crypto record label will take place on YouTube.

A similar occurrence occurred on December 26, when 239 million SHIB tokens were burnt.

More Shiba Inu, the "Dogecoin Killer," can be destroyed on Valentine's Day, according to Steven Cooper, CEO of Bigger Entertainment.

He had already sent out a tweet inviting members of the SHIB army to attend the event by purchasing a $5 ticket.

According to Cooper, all of the funds raised will be used to purchase SHIB, which will then be destroyed.

However, there will be one significant difference from the previous burn party, according to Cooper: now, SHIB community members will be able to burn SHIB by just listening in to the live broadcast on YouTube.