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Shiba Inu team announced the new SHIB Burn Visa card, which burns SHIB while making payments. The card will burn SHIB for every payment done through the card. SHIB Burn Visa Card with the slogan "Make payments, burn SHIB". The new SHIB Visa aims to improve the burn process without being tied to the Ryoshi team. The Shiba Inu team and Ryoshi Vision (RYOSHI) previously launched a joint effort called the SHIB Burn portal. The portal is aimed at motivating SHIB holders to burn tokens. The ShibaBurn portal will allow you to send your SHIB tokens to a remote crypto wallet address, the details of which will not be saved.
The Shiba Burn portal hopes that with every burn, the wealth of the community grows, but also by rewarding the effort in the long term to make Shiba Inu one of the best digital assets in the history of cryptocurrencies. Burners are supposed to get RYOSHI tokens and 0.49% of all transactions in return. The Shiba Inu community has burned through an astonishing 110M SHIB coins in the last 24 hours alone, even though the users haven't been rewarded for the promise that was made.
Shiba Inu has been making serious changes to itself. In addition to the new burn mechanism, the most recent changes include the Shiba metaverse and stablecoin. Even though SHIB holders burned through around $110 million worth of SHIB in 24 hours alone, they've been growing impatient with reward RYOSHI. SHIB will have a stable price in the end, so it can be used both as a store of value and a method of payment. The coin seems to be cooling down from all the previous rallies as its double-digit gains are slowly fading away.
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