SHIB developers are developing a new electronic token system.

On January 20, Steven Cooper, owner of Big Fun, said in a recent Twitter chat that SHIB's developers have been working hard to develop new processes to create more options for destroying SHIB. Cooper also encouraged communities to purchase tickets for the Feb. 14 burnout party. The money was used to purchase SHIB, which was destroyed on Valentine's Day. Meanwhile, shipments continued to decline as nearly 110 million SHIBs were destroyed in a single week. (U.Today)