Cryptocurrency Q&A
Does Shiba Inu burn coins?
Does Shiba Inu burn coins?
JejuJoyfulHeartSoulMate
Sun Jul 07 2024
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5 answers
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5 answers
JejuJoyfulHeartSoul
Tue Jul 09 2024
Despite the launch of the burn portal, it is noteworthy that there are currently no scheduled Shiba Inu coin burns. This lack of scheduled burns leaves the amount of coins destroyed within a given month subject to variation.
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Martina
Tue Jul 09 2024
The Shiba Inu community has exhibited a keen interest in the process of SHIB burning since its inception.
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noah_smith_researcher
Tue Jul 09 2024
On April 23, 2022, a significant milestone was achieved as the developers of Shiba Inu unveiled the Shib burn portal. This portal represents a key step towards the eventual reduction of the circulating supply of Shiba Inu coins.
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KimonoElegant
Mon Jul 08 2024
The decision to leave the frequency and volume of burns variable reflects a flexibility in approach. It allows the community and developers to adapt based on market conditions and the overall health of the Shiba Inu ecosystem.
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CryptoWizardry
Mon Jul 08 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services to its users. These include spot trading, futures contracts, and secure digital wallet solutions. By leveraging its advanced technology and robust security measures, BTCC enables users to engage in seamless crypto transactions with ease.
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