Three companies have partnered with NOWPayments to start utilizing the SHIB burn portal when it is ready to be used
Twitter user @shibainuart has shared a list of direct “shib partners” who will help the SHIB army burn tokens through the recently announced SHIB burn portal for merchants by NOWPayments, which is currently in trials. .
NOWPayments collaborates with SHIB-burning companies
This list includes Italian Welly’s burger chain that has rebranded and made SHIB its mascot, John Richmond fashion clothes brand and Sorbillo’s. Shiba Inu Games is not taking part in this collaboration at the moment.
@shibainuart said it is cooperating with NOWPayments platform which has recently integrated a burn feature that allows merchants to send SHIB and Doge Killer (LEASH) to dead end wallets. The aforementioned companies will allow a certain percentage of the SHIB profits from their sales to be burned.
According to the tweet, the burn portal is being tested now.
20.5 million SHIB burned in 24 hours
Recently, tracker @shibburn shared on their Twitter page that in the past 24 hours, 16,540,141 Shiba Inu pieces have been moved to dead addresses.
A few hours after that, another 4,000,000 SHIB was burned in an attempt to reduce the circulating supply and make the token more scarce. This is theory may lead to a massive price surge of SHIB, the community believes.
