The Shiba Inu community is on a mission to boost the value of their favorite meme coin, SHIB. They’ve started a petition asking Binance, the biggest crypto exchange in the world, to burn some of the tokens.
A Petition With Big Goals
The petition asks Binance to burn 1% of all SHIB transactions every day. It’s already gathered over 1,000 signatures, which is a huge success for the community. They’re hoping to get 50,000 signatures in total, which they believe is achievable considering the massive number of Shiba Inu holders worldwide.
Why Burn SHIB?
The idea behind burning tokens is simple: it reduces the total supply, making them scarcer and potentially more valuable. Shiba Inu fans believe that burning SHIB will make the coin more stable and increase its value in the crypto market.
A United Front
The Shiba Inu community is working together to make this petition a success. They’re reaching out to fans in different countries, emphasizing the importance of a strong and united voice. They’re also stressing that signing the petition is free and doesn’t require you to own any SHIB tokens.
A Credible Platform
The community believes that having Binance burn the tokens would be a huge win. They see Binance as a trustworthy platform that can ensure the burn process is done properly. They hope this will also prevent the Shiba Inu name from being exploited.
The Shiba Inu community is clearly passionate about their coin and are hoping that this petition will help it reach new heights.
