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These Direct “PartnerSHIBs” Will Help SHIB Army Burn More Tokens: Details

Sat, 03/26/2022 - 12:19
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Yuri Molchan
Three companies have partnered with NOWPayments to start utilizing the SHIB burn portal when it is ready to be used
These Direct “PartnerSHIBs” Will Help SHIB Army Burn More Tokens: Details
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Twitter user @shibainuart has shared a list of direct “partnershibs” that are going to help the SHIB army burn tokens via the recently announced SHIB burn portal for merchants by NOWPayments which is now going though 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 stated that they are cooperating with the NOWPayments platform that has recently integrated a burn feature that allows merchants to sent SHIB and Doge Killer (LEASH) to dead-end wallets. The aforementioned companies will allow a certain percentage of SHIB profit from their sales to be burned.

According to the tweet, the burn portal is being tested now.

Related
271.3 Billion SHIB Grabbed by Whale, While Another Big SHIB Investor Extends His Portfolio to AAVE and MKR

20.5 million SHIB burned within 24 hours

Recently, the @shibburn tracker has shared on its Twitter page that in the last 24 hours 16,540,141 Shiba Inu coins had 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.

SHIBburn_24_00burn
Image via Twitter
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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.