Lead developer of Shiba Inu (SHIB) urges additional SHIB burning options by DailyCoin

Master developer of Shiba Inu (SHIB) is pushing for additional SHIB burning options

This past weekend was a lively one for the Sheep Army, as the eternal Shebaa blackjack game took off in Australia. Although it is only available on iOS at the time of writing, an Android version is expected to be available in the following days.

In other news, developer under the pseudonym Shytoshi Kusama has stepped in to suggest new methods of burning (SHIB). According to reports, the new Burn Street will be created in conjunction with Shiba Eternity blackjack. The blockchain version of Shiba Eternity is still in development, in partnership with PlaySide Studios.

Shiba Inu (SHIB) $61 Million Group Shines in Last 24 Hours – Still Not Enough

Shiba Inu’s burn rate peaked last week, posting triple-digit gains for a few days. At first glance, the combustion mechanism appears to be working fine, as $61,329,300 worth of fire has caught the SHIB in the past week alone. However, even though the SHIB burn rate is up again by 42% as of Monday the 19th, it hasn’t affected the market price of Shiba Inu (SHIB).

So far, Shiba Inu’s burning campaigns have extinguished half of the initial meme coin offering. With the introduction of additional burning methods for SHIB such as Shiba SuperStore and Shibburn Radio, more and more members of the Shep Army are looking to contribute to the cause by burning their beloved dog symbol to increase its market value. Moreover, with an SB Visa (NYSE:) card on the way, SHIB holders will soon be able to auto-copy a certain amount of tokens with every in-store transaction.

At the time of publication, the Japanese-themed currency is trading at $0.00001076, after posting a deficit of 8.5% over the past 24 hours. Wild bears have been keeping the pressure on the Shiba Inu (SHIB), resulting in 16.2% losses over the last 14 days. Despite this, the popular two-year-old meme coin project maintains a healthy 37% gain for the year, according to CoinGecko.

Warm clothes for the gray army with the advent of autumn

In related news, Shiba Inu x John Richmond clothing line is set to launch soon. The news was confirmed by English-Italian fashion designer John Richmond, who recently posted a sneak peek of the upcoming designs. The Shib Army was heard from by CHAMPION, the American Activewear brand, who was vocal that many SHIB Army members would be enjoying a Shiba Inu Hoodie in the cold fall.

on the flip side

  • Despite a series of upgrades, Shiba Inu (SHIB) reluctantly added another zero to the market price, creating an important support line at $0.00009.
  • Regardless of SHIB’s steadily increasing burn rate, Shiba Inu’s price action appears to be unaffected.

Why should you care

The efficient and consistent burning mechanism of cryptocurrencies can often play an important role in raising their market value.

Read the latest news about the best DOGE & SHIB dog meme coins:

(DOGE) Prices crash despite reclaiming the top 10 by market capitalization

Shiba Inu (SHIB) Staking: Which Crypto Exchange Offers the Best Deal?

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