a popular cryptocurrency shiba inucontinues to witness token burns initiated by both key organizations and community members. Recently, Blaze Token, a project affiliated with Shiba Inu, gained attention after announcing the burning of 3.6 billion SHIB tokens worth the equivalent of $31,621. pulled. This move became one of the most important SHIB burns in 2023.
BREAKING: Our leader @ShytoshiKusama comments on #SHIB discord! pic.twitter.com/hG0W992efT
NEWS CONTINUES BELOW— Shiba Inu News (@ShibalnuNews) May 30, 2023
This, Blaze TokenIt’s not the first burn. It had previously done several burns involving billions of tokens in separate lots. Because of these efforts, the project has been responsible for some of the largest SHIB lot burns in recent times. As a result, the total number of SHIB tokens destroyed by Blaze Token reached an impressive 11.5 billion SHIB milestone.
New Tools for SHIB Burning Launching in June 2023
Besides Blaze, other projects like Koyo Token have also found themselves dog-themed. cryptocurrency actively participated in the unit’s SHIB incineration. In a recent development, Wolf AI, a video AI-based editing platform, has promised to burn trillions of Shiba Inu tokens per year. The platform will achieve this by burning 2% of fees on every transaction made in its native tokens, as well as committing 15% of its revenue to burn Shiba Inu tokens.
The SHIB community looks forward to June 2023 as SHIB burning tracker Shibburn unveils details about his next burning attempt. According to the announcement, Shibburn will move to a new website and offer multiple tools to facilitate SHIB burns. Users will be able to access these tools and create personalized Shibburn bios, view links, and use NFTs with OpenSea, Blur and the integrated Shibburn marketplace.
Moreover, community members will have a chance to win “reward tokens” when they burn the coins. Additionally, the new Shibburn website will include free plugins for WordPress and Drupal, allowing users to seamlessly integrate the service into their platform, making the burning process easier.
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