[ccpw id="39382"]

HomeCrypto NewsMarketShiba Inu Developer Calls For Suggestions On How To Burn SHIB Total Supply

Shiba Inu Developer Calls For Suggestions On How To Burn SHIB Total Supply

Date:

Written By:

Shiba Inu (SHIB), Shytoshi Kusama, informed Steven Cooper, owner of Bigger Entertainment to discuss the SIHB burning strategy.



Steven Cooper seemed to be disappointed somewhat from the recent AMA session organized by Watcher Guru.

- Advertisement -

One of Steven’s followers asked him the reason for dissatisfaction. He then elaborated that the SHIB team doesn’t have discussed a clear burn strategy, and all new developments seem to promote other coins of the ecosystem like BONE and LEASH and not SHIB.

From his point of view, the team should have to focus more on SHIB as this is the only token of the ecosystem which has less utility but massive supply. He thinks the SHIB team must collaborate with the community-led burn initiatives, and developers should do their part to minimize shib circulating supply.

Yesterday, Bigger Entertainment announced that they are developing the SHIBFIT App, which will burn SHIB tokens as users burn calories.

- Advertisement -

Shytoshi Kusama responded to his announcement and appreciated the innovative burning app. Further, he clarified that burning is not the only strategy of the team to grow the SHIB ecosystem, but if Steven Cooper wants to discuss the burning technique, he is always open for discussion.

“GOOD! Always happy to see the community build something great. Now, if you want to really talk about burn strategy (which is not our only strategy to grow Shib) ping me so we can discuss.”

Today Shytoshi Kusama, the lead developer of dog-themed cryptocurrency Shiba Inu, comes to the defense of the Shiba project against critics, who believe the company has not recorded any significant partnership with top tech companies saying Shib Team Is Always Building.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

-Advertisement-

Author

Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

More from Author

Latest Stories

Guides