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Shiba Inu Developers Invent New Way to Burn Cryptocurrency

Shiba Inu Developers Invent New Way to Burn Cryptocurrency

HappyCoinNewsHappyCoinNews2025/03/03 08:44
By:HappyCoinNews

Developers of the meme token Shiba Inu (SHIB) have invented a new way to burn cryptocurrency on an industrial scale.

The creators of the card game Shiba Eternity have added a duel mode for PvP fans. To join the battle, a gamer needs to pay a registration fee of 50,000 SHIB worth $0,7 at the current rate. The winner gets 80,000 SHIB, of which 70,000 coins are burned, and the remaining 10,000 tokens are taken by the developers.

Shiba Inu Developers Invent New Way to Burn Cryptocurrency image 0

Duel mode in Shiba Eternity

Our goal is to have millions of duels every day, not thousands. Just imagine: 1 million games per day multiplied by 10,000, you get 10 billion [SHIB worth $137,000], - wrote a project employee Shiba Inu Lucy.

Last day was destroyed 17,5 million SHIB, so reaching the goal outlined by Lucy will significantly increase the rate of burning of memecoins, whose number in circulation reaches 589,3 trillion worth $8 billion.

The Shiba Eternity update, designed to speed up the destruction of tokens, will help put an end to the hegemony of the bearish trend in the SHIB market. Recall that the cryptocurrency rate began to fall on December 8, 2024 and fell by 65%, reaching the bottom at $3 on February 0,0000116. Then a correction occurred, but the asset price has not yet managed to closely approach the downward trend line, let alone break through it. Accordingly, there are no signs of a reversal yet.

Shiba Inu Developers Invent New Way to Burn Cryptocurrency image 1

Bearish trend in the market Shiba Inu

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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