While 105 Million Shiba Inu Are Removed, A New SHIB Burn Portal Is Found

There is a new website that burns Shiba Inu, according to the tweet from @shib superstore, the Twitter account for Travis Johnson, the creator of the SHIB burn mobile games.

While 105 Million Shiba Inu Are Removed, A New SHIB Burn Portal Is Found

In the interim, a sizable number of SHIB tokens have been taken out of circulation in the last 24 hours. However, this still feels like a drop in the bucket.

“This website DOES burn Shiba Inu”

While 105 Million Shiba Inu Are Removed, A New SHIB Burn Portal Is Found

The playzone.online website, which is included on the Shib Superstore portal, was referenced by @shib superstore in a tweet. According to Travis Johnson, this website also assists users in burning Shiba Inus.

However, depending on how many visitors have visited the website, the process is set up to generate revenues or burn SHIB. Contrarily, playing mobile games on Travis’s website enables SHIB burning and provides a small fee to game developers.

Travis appears to think that playzone.online could draw non-SHIB owners and possibly pique their interest in the second-largest meme coin and in burning it.

The SHIB army removed 105 million SHIB

The SHIB army has reportedly sent a total of 105,165,658 Shiba tokens to nonspendable wallets, where they will be permanently locked, according to a tweet from the Shibburn Twitter account.

According to the tweet, it just took eight transactions to burn as much cryptocurrency this time.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Gate.io Launches USDE Financial Products with Annualized Returns of Up to 54%, Ushering in a High-Return Era for Stablecoin Investments

Nov 18th, Panama - Gate.io, a global leader in digital asset trading, has officially unveiled…

56 minutes ago

Bitdeer Convertible Notes Worth $360 Million Offered for Expansion Efforts

The Bitdeer convertible notes offer a 42.5% conversion premium, allowing conversion into cash with the…

1 hour ago

Sui Foundation Enters into Strategic Partnership with Franklin Templeton Digital Assets

Grand Cayman, Cayman Islands, 22nd November 2024, Chainwire

2 hours ago

Best Cryptos to Invest in December 2024: Qubetics Surges Past $2.6M as Solana Records Big Whale Pump and Polkadot Aims for $6

Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…

3 hours ago

Bitcoin Trader Turned $100M in His 20s—Now Reveals 5 Altcoins to Build a $50M Portfolio, With Memecoins Leading the Way!

As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…

5 hours ago

Which Crypto Will Explode in the 2024-2025 Bull Run?

With the crypto market reaching new peaks, many are eager to discover digital currencies poised…

5 hours ago

This website uses cookies.