Shiba Inu (SHIB) Releases Shibburn Radio App As SHIB Burn Rate Jumps 92%

Shiba Inu (SHIB) Releases Shibburn Radio App As SHIB Burn Rate Jumps 92%

The community’s efforts to burn Shiba Inu (SHIB) tokens are intensifying, as the process of burning SHIB is seen as a prime method for maintaining the price of the popular meme coin. With a multitude of incentives and ways to burn the Japanese dog-themed token, Shibburn Radio is the latest project by Shibburn, the official burn portal for the Shiba Inu (SHIB) ecosystem. While the radio station dedicated to the cause has been around for a couple of months now, it has only been accessible via its official website and through the TuneIn platform. Today, Shibburn Radio has arrived on Android after being made available for download on Google Play.

Shibburn Radio Drops on Android & iOS

Burning the beloved canine token just became as simple as reciting the alphabet. Using the official app on their phones, soldiers of the SHIB Army will now be able to play the top hits by the world’s leading pop singers, such as Doja Cat, Imagine Dragons, Beyonce, Taylor Swift, and many more.

However, Android users are the first to be able to try burn Shiba Inu (SHIB) by listening to music, with the app debuting on Google Play on September 29th, 2022. Notably, Amazon has also added Shibburn Radio to its system, making it accessible through Amazon Music and Alexa devices. While the iOS version is not available just yet, the developers confirmed that an iPhone compatible version of the app should be made available within the next few days.

$12M Worth of Shiba Inu (SHIB) up in Flames

Shibburn, the official bonfire of the Shiba Inu (SHIB) community, reports that 12,842,010 Shiba Inu (SHIB) tokens were set ablaze in the last 24 hours alone. With the SHIB burn rate accelerating, spiking by 92%, more than half of the total number of Shiba Inu (SHIB) tokens have been permanently removed from the circulating supply.

The SHIB SuperStore has burned $538.92 worth of Shiba Inu (SHIB) with the help of Amazon affiliate program, as per its burning plan. The SHIB SuperStore has held 4 SHIB burning events this month, resulting in the burning of tokens worth over $2,000.

At press time, the popular Japanese guard dog-themed memecoin trades at $0.00001112, according to CoinGecko. That marks a 2.2% weekly increase for the canine coin, and it is fair to say that the intense SHIB burning likely played a significant role in helping the beloved meme coin to reclaim the #12th position among cryptos by market cap. However, still down 87% from its ATH set 11 months ago, Shiba Inu (SHIB) has a long way to go to reach the moon.

On the Flipside

Why You Should Care

Shibburn Radio receives a lot of support from the SHIB Army. The host of the project claims the Shibburn Radio is 95% complete, and the innovation could become a cornerstone in the Shiba Inu (SHIB) burning mechanism.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed to be financial legal or tax advice. Trading Forex, cryptocurrencies, and CFDs poses a considerable risk of loss

Author

Tadas Klimasevskis is an author & reporter, focusing on the latest tendencies of the crypto galaxy. Tadas spends his time digging deeper into specific areas like coins such as Shiba Inu (SHIB) & Dogecoin (DOGE), music NFTs, sports NFTs, digital art, and Pop culture in Web 3.0. Tadas strongly believes in crypto as disruptive innovation and keeps an eye out for new crypto hubs being developed around the globe. His vast experience in social media lets him quickly spot what’s going on in the mercurial world of crypto and deliver stories with unique spins. He has been active in blockchain and cryptocurrencies since 2019.