.Shibtoken has introduced a burn portal for generating passive income
By destroying SHIB tokens, users permanently remove them from the circulating supply by transferring them to a burn address. In such a way, it is possible to the token a little more scarce, which could potentially boost the token’s price.
The community has made patchy efforts to remove tokens from circulation, with its members constantly monitoring Shiba Inu’s burn rate. The portal, which allows burning SHIB tokens in a systematic way, was built in collaboration with the creators of the RYOSHIS VISION token. The team of developers behind the token believes the new feature will allow Shiba Inu to become “one of the best digital assets in history.
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