Cryptocurrency

Shiba Inu Update: SHIB Listed on Indian Exchange Koinbazar, Burned 103 Million Token in 24 Hours

The popular meme coin Shiba Inu has been listed on Koinbazar, an India-based exchange platform. The new development was announced on Thursday through the company’s official Twitter handle.

“Dear Community, SHIBA Trading is on Live for USDT pair. Register Now and Start Trading!!.” @koinbazar

Koinbazar is a global cryptocurrency exchange platform where users can Buy, Sell, and Trade Bitcoin and other cryptocurrencies, unlike other Indian crypto exchanges, this platform allows U.S. customers to trade on it.

Another company supporting Shiba Inu, AMC Entertainment reported plans to start accepting SHIB in the first quarter of 2022, likely to happen in March.

The Shiba Inu community is excited about the ongoing development and the daily burn of the Shiba Inu Coin by numerous companies like Bricks Buster, Shiba Coffee Company amongst others. Recently another company, SmileLab Apps&Games launched the ‘Catch Burn Earn – Shiba Inu’ game with the objective of burning 40 percent ads revenue and sharing 20 percent with the first 3 players of the monthly leaderboard.

In the last 24 hours, a total of 103,270,223 Shiba Inu token has been burned, summing the total SHIB burned to 410,300,738,115,810 compared to 410,300,580,706,684 SHIB burned reported by Investors King on the 4th of January 2022. This showed that 177,409,126 Shiba Inu coin has sent to the dead wallet between the 4th to 6th of January 2022.

Yesterday, Shytoshi Kusama, Shiba Inu’s lead developer announced the first meeting in 2022 with Playside Games, Australia’s largest publicly listed video game developer following the partnership announced in December 2021. The partnership was an agreement to develop the Shiba Inu game within the next eight months.

In more news, Chuck Liddell, a former UFC Light-Heavyweight Champion who recently took interest in cryptocurrency set up a Twitter poll requesting his followers to choose between Shiba Inu, Dogecoin, Safemoon, and another popular cryptocurrency on Binance Smart Chain. Safemoon led the poll with 43.8 percent, while Shiba Inu had 30.6 percent.

Giving feedback on the result of the Twitter poll, Chuck Liddell tweeted “thank you to all who showed up for these 3 #Crypto coins in my poll. I have made a decision to take a set amount of money and diversify between all 3 coins the percentages of votes they received in the poll due to everyone’s ENTHUSIASM. 🤙🥶#LFG #safemoon #shiba #dogecoin”

Temitayo Olukoya

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Temitayo Olukoya

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