Shiba Inu: Elon Musk's Twitter Suspends App That Burns Billions of SHIB Tokens

The ShibBurn is the only third-party application that is constantly burning millions of Shiba Inu tokens every day since its launch. ShibBurn removes nearly 1.5 million tokens each day from circulation through its initiatives. However, Elon Musk’s Twitter unexpectedly suspended the ShibBurn application on its platform making the bot unable to send ‘burn’ information.

Also Read: Shiba Inu: You Can Now Become a SHIB Millionaire for Less Than $10

The app has remained operational since 2021 on Twitter and the handle confirmed that it did not violate any terms and policies. The ShibBurn handle mentioned that they remained well within the community guidelines and the suspension came as a shocker.

“Our app has been active on Twitter for the past two years without any issues or violations of the platform’s rules. We have always strived to comply with Twitter’s guidelines and maintain a positive presence,” the tweet read.

Twitter did not specify the reason for suspension and is yet to look into the claims made by the ShibBurn app. However, ShibBurn confirmed that the burn initiatives are working as usual and only the Twitter app that provides burn details is suspended.

Also Read: The 1 Cent Dream: Shiba Inu To Reach $0.01? See What Google Bard Says

Shiba Inu: ShibBurn Provides Alternate Way to Track Burns

Shiba Inu Latest Burn Updates Shared by Lead Developer
Source: Coingape

As the Twitter bot is not allowed to share burn details, users can check every day burns on the firm’s website. “Currently, our bot is unable to post on Twitter due to the previously mentioned issue. However, users can stay updated on the latest SHIB burn information through our website. We hope this can be resolved soon,” tweeted the third-party burn application.

Also Read: Shiba Inu: Can You Be a Millionaire by Owning Just 1,000 SHIB Tokens?

Just a few days ago, the tracker showed that 341 million SHIB tokens were sent to the dead wallet. The burn numbers have significantly grown this month as its price crashed. At press time, Shiba Inu was trading at $0.00000771 and is down 2.1% in the 24-hours day trade. It is down 91.03% from its all-time high of $0.00008616, which it reached in October 2021.

  • shiba inu

Comments

Post a Comment

Popular posts from this blog

Shiba Inu Falls As Bears Try To Break $0.00000728 Low

Image
Sep 11, 2023 at 11:00 // Price Author Coin Idol Cryptocurrency price Analysis brought by Coinidol.com. Shiba Inu (SHIB) price is falling as the bears try to break the previous low of $0.00000728. Shiba Inu price long term forecast: bearish The cryptocurrency asset has been trading in a range over the past week, but the bears have pushed the altcoin into the lower price range. If the current support is broken, the market would fall back to the previous low of $0.00000551. The price indicator has indicated further downward movement. That is, SHIB will fall to the
Read more

Meta announces new metaverse program with US universities

The social media giant launches a new teaching program in the US, anticipating growing momentum for VR education tools in Europe. Meta, the parent company of Facebook and Instagram, is launching a new program for teachers in the US to inspire students to explore the opportunities of the metaverse . In a press release on Sept. 12, the Menlo Park-based company said the program is aimed at helping college students in the US to learn with the help of virtual reality (VR) and to test more ways to make it easier for Meta Quest users “to find educational resources in the Meta Quest store.” As part of the program, Meta has collaborated with 15 universities across the US “who are actively embracing immersive learning.” They include Stanford University, Arizona State University, New Mexico State University, and others. “The universities are each conducting classroom sessions and exercises in virtual reality to examine how immersive technologies can contribute to the future of education.
Read more

California wants to outlaw internal combustion engine vehicles by 2035

Image
Join Our Telegram channel to stay up to date on breaking news coverage In a significant activity in the state’s battle against climate transformation, California, the most extensive state and the heart of American auto culture, would restrict the sale of fresh Internal Combustion Engine Cars By 2035. The law, which the California Air Resources Board unveiled on Thursday, will oblige companies to quicken the production of cleaner cars, pickup trucks, and SUVs beginning in 2026 until the state solely permits sales of zero-emission vehicles. The transportation industry is the primary emitter of greenhouse gases in California After Governor Gavin Newsom announced a goal for 2020 to hasten the transition away from internal combustion engines, the vote was unanimous. The transportation industry is the primary emitter of greenhouse gases in California, which has seen unprecedented droughts, wildfires, and poor air quality as a result of climate change. The decision is expected to h
Read more