Preparing to burn more than 110 lakh crore tokens of Mim Coin Shiba Inu

The developers of Shiba Inu, one of the popular meme coins, are working on bringing new projects to the community. The burning of Shiba Inu is a big issue among its community and they want to see hundreds of millions of its tokens burned. Shytoshi Kusama, the lead developer of this meme coin, says that burning millions of SHIB requires a huge community effort.

In a tweet from the Twitter handle SHIB BPP, it has been said that about 111 lakh crore SHIB can be burnt in the next few months. This does not include community burns. The SHIB Discord moderator says that both ShibaSwap and Layer 2 Shibarium may have a major stake in it. DApps on Shibarium could lead to the burning of hundreds of millions of SHIB on the local ecosystem in the coming months. Influencer and former US Congressional candidate David Gokhshtein tweeted that he expects another stir at Shiba Inu soon. However, before that he said that it can reach $ 0.001 but it is not expected to go to a dollar.

The team of Shiba Inu has introduced the game related to it, Shiba Eternity. Along with this the interest of Ethereum whales has increased regarding this token. Data from WhaleStats shows that SHIB is among the most used smart contracts for its large holders. Ethereum whales tend to intensify their buying when new information about the Shiba Inu emerges. SHIB is also being accepted by many retailers as a payment option. Its trading has also increased with Shibarium, the layer 2 solution of this mime coin.

More than one lakh virtual plots have been sold on the Metaverse of this meme coin. Some of these plots will be used for roads, grounds and other public purposes. These Metaverse plots were priced between 0.2 and 1 ETH. Initially 36,431 plots were unlocked. In terms of price, these plots are divided into four categories – Silver Fur, Gold Tail, Platinum Paw and Diamond Teeth. Its team decided to use a neutral cryptocurrency as a land pricing token.

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