This platform keeps burning Shiba Inu via Amazon on a daily basis while SHIB turns 2
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- Amazon Is “Solid Daily Burner”
- shiba inu turns 2 years old
The Twitter account @shib_superstore, which represents a SHIB burn platform founded by Travis Johnson’s gaming shop, has reminded the SHIB military that its experiment to burn meme tokens through Amazon has proven successful on a daily basis.
However, the overall SHIB burn rate for the token’s price so far does not look good.
Amazon Is “Solid Daily Burner”
@shib_superstore has been burning Shiba Inu through Amazon Affiliate Program for a few months now. Earlier today, Travis Johnson tweeted that the event on the e-commerce giant has proven to be “a solid daily burner” for SHIB, allowing it to remove 4,212,299 Mem tokens from 426,621 per day in circulation.
However, they cost between $5 and $50 in fiat. Thus, the maximum amount of SHIB that can be destroyed through Amazon per month is 122,306,201 ($1,500), plus other sources of Kindle SHIB are used – YouTube and mobile phone games.
Let’s not forget about Amazon!
It has proven to be a solid daily burner, ranging from $5 to $50 per day.
Use this link, and then use Amazon like normal! https://t.co/ZZHm6XF29p
To find the link at any time go to https://t.co/d0goxr6sys and click on the amazon picture pic.twitter.com/S7wYBC75Ow
— Shib Super Store (@shib_superstore) 2 August 2022
According to an earlier tweet, on August 2, the platform managed to burn a total of 2,588,178 Shiba Inu worth $32.
According to another popular SHIB burn initiative, 60,319,152 tokens have been burned in the last 24 hours, with a 61.2% drop in SHIB’s burn rate.
Overall, only 0.0002% of the SHIB supply in circulation was burned in the past week (1.13 billion tokens worth $13,500), as covered by U.Today. This burn rate is hardly enough to cause the coin’s price to skyrocket in the near future.
shiba inu turns 2 years old
SHIB’s official Twitter account on Twitter @Shibtoken announced on August 2 that it’s been two years since Canine Coin was launched.
It was created in 2020 by anonymous founder Ryoshi and according to the tweet, it has grown into one of the largest and most dedicated crypto communities on the market.
Shiba Inu Officially Turns 2 Years Old!
In the last 2 years, we have seen #shibarmi To grow into one of the largest and most dedicated crypto communities.
Many thanks to our community and our founder, Ryoshi, for making all this possible. I#shibirthday I
— Shib (@Shibtoken) 2 August 2022
During that time, the coin’s price has risen by 14,740,620.8%, rising from an all-time low of $0.00000000082 on September 1 two years ago to the current exchange rate of $0.00001204 per token, thus eliminating six zeros.
According to CoinMarketCap, in October last year, the coin reached a historical peak of $0.00008845 and is currently trading 86.39% below it.
As for SHIB creator Ryoshi, on May 30, he erased all his notes on social media, opting to disappear and thus copying the fate of Satoshi Nakamoto, the mysterious creator of bitcoin.