Shibburn has announced three methods it uses for burning Shiba Inu, saying how much of its revenue is spent on burns
The flagship SHIB burning platform and burn transaction tracker, Shibburn, the second largest meme token, has used three methods to remove SHIB tokens from circulating supply and how much of its revenue they spend on these burns.
“3 way to help with SHIB burns”
According to a recent tweet by Shibburn tracker, this platform uses three tools to burn Shiba Inu by sending these meme coins to unspendable wallets.
One is Shibburn Radio, the other is Shibburn, his main project, and the third is Twitter Super Followers.
In the thread, Shibburn explains that Shibburn Radio uses part of its advertising profits to destroy SHIB tokens. The Shibburn website also spends part of its advertising gains on burning Shiba Inu coins.
Shibburn Radio on the Amazon App
Shibburn emphasized in the tweet that her donation to the burn is not based on any specific percentage from profits. However, they try to make these grains as large as possible, and it is usually around 30-40%.
Recently, Shibburn Radio became available on all gadgets that are connected to Amazon’s Alexa app, which is expected to expand the audience of the radio and increase the amount of burned Shiba Inu coins.
27.8 Trillion BabyDoge Burns vs. 2.2 Million SHIB
The Babydoge community seems to have gone far beyond the SHIB army in burning their meme coins. In the last 24 hours, 27,817,683,642,556 BabyDoge coins have been burned.
In the meantime, the SHIB army managed to remove only 2,289,305 coins from circulation, according to Shibburn data. The USD equivalent of these two burns is $39,362 and $25.8.
