Formal Shiba Inu (SHIB) According to statistics provided by the incineration portal Shibburn, the Shiba Inu (SHIB) burning process continues unabated. According to data shared by Shibburn, the top meme coin has increased its burning efficiency almost tenfold in the past weeks.
However, the other day, Shibburn.com announced the Shibburn Radio app, where billions of people can contribute to the Shiba Inu token burning.
We just submitted the Alexa Skill for Shibburn Radio. In a few hours we will submit the station’s app for iOS and Android for approval. The long-awaited app for Shibburn (main app) is also on it’s way. Stay tuned! pic.twitter.com/4wMTUXhRgt
— Shibburn (@shibburn) September 14, 2022
Koinfinans.com As we reported, Shibburn has received more than 70 million website visits since its debut. Portal also launched Shibburn Radio, a radio station in its own right. Shibburn Radio is currently broadcasting live from a New York studio and is available online. According to sources, Shibburn Radio will generate revenue by charging monthly subscription fees or by advertising on its live stream. These proceeds will then be used by the SHIB Burn campaign to burn the Shiba Inu (SHIB).
With this new project, billions of Android and iPhone users can contribute to the meme coin burning process. Additionally, according to the founders of the official SHIB Burn monitoring website, promoting Shibburn Radio on the aforementioned platforms will bring more promotion of Shiba Inu. In this way, the Shiba Inu ecosystem can attract new investors.
In summary, the popular meme coin project SHIB can increase its adoption rate while reducing the token supply with this newly launched application.
The SHIB burning process is an event that is followed with enthusiasm by the supporters of the meme coin. The transaction reduces the circulating supply of memecoin, making it theoretically rarer and more valuable.
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.