Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The @shib_superstore Twitter page set up for the online store and burn games of developer Travis Johnson has spread the word about a new opportunity to burn Shiba Inu via Amazon e-commerce giant.
Previously, Travis Johnson announced that his online store that sells SHIB-branded merch and goods was included in an Amazon affiliate program, which allowed him to start burning more SHIB than he did previously on a regular basis.
Burning SHIB via Amazon's Audible
Travis Johnson has tweeted that Amazon now offers everyone a chance to sign up to trial its Audible feature and get a $5 bounty for this, and this money can be used to buy roughly 500,000 SHIB for burning.
The free trial of Audible can be used for one month, and if the participants get disappointed or do not like anything about it, the free trial can be canceled.
Opportunity for anyone interested:
— SHIB Super Store (@shib_superstore) June 23, 2022
Amazon is offering a $5 Bounty for anyone who signs up for a free trial of Audible. This will be used to burn SHIB, every sign up would burn ~500k SHIB
Try it out for a month, and if you don't like it, cancel it! https://t.co/ULUVzjMEnu pic.twitter.com/lIfl0mKttG
In an earlier tweet, the game developer explained that he gets a commission from his referral link if anyone uses it to sign up for the aforementioned trial. So far he has received $10 for sign-ups, which he plans to use for burning Shiba Inu—around 1 million canine coins.
In the tweet, he stated that the amount of burned SHIB via this new Amazon feature could rise substantially if the number of sign-ups on his link spikes to 100, 1,000 or maybe even 10,000.
Its starting! Imagine if we get 100 sign ups, 1000 signups, 10,000 signups???? pic.twitter.com/6sV5mV9qVV
— SHIB Super Store (@shib_superstore) June 23, 2022
On June 20, Johnson tweeted that since November last year, he has managed to burn a total of 2,257,736,799 Shiba Inu worth $55,000. Back then, he reminded followers that the price of the second largest meme token was 50% higher than it is now.
SHIB burn rate soars 1,405.70%
As reported by the @Shibburn tracker and burn platform on their website, in the past 24 hours, various burn projects have managed to remove a comprised 110,593,796 meme coins from the circulating supply with the two biggest burn transactions equaling roughly 50 million tokens.
The website of the project also emphasizes that the burn rate of Shiba Inu has spiked a whopping 1,405.7% this time.
Tomiwabold Olajide
Gamza Khanzadaev
Denys Serhiichuk
