Will There be Another Billion SHIB Burn ? Massive Coin Burn will Lift the Shiba Inu Price

 Will There be Another Billion SHIB Burn ?

Massive Coin Burn will Lift the Shiba Inu Price.

Shiba Inu is an asset that either makes perfect sense to you, or is a complete enigma. And whether you love this dog themed Shiba Inu Coin or hate it, Shiba Inu has posted Life-Changing Gains this year. Not every traders or investor has made Huge Money on Shib Inu, but many of them has made. It's not just about the pice action. There's a permanent belief among Shiba Inu devotees ( They call them Shiba Army ) that this token can help to fight the holders against inflation. 

This Magical Meme Coin ( Shiba Inu ) witnessed a steady rise for quite a while and entered the prestigious ranks in October bull run to breach all-time-highs (ATH).

Investors of Shiba Inu coin recently started a petition on change.org to urges Shiba Inu coin to develop a policy to burn significant amount of the $Shiba Inu Token . The Shiba Inu coin burn may reduce the number of Shiba Inu Token in circulation. According to CoinGecko, a global Cryptocurrency Tracking Platform, there are currently 550 trillion Shib Tokens in Circulation.

While The SHIB Army has been shouting for the burn, the Euro Shiba Inu has been on a roll in recent weeks. On December 3, Shiba Inu's European Avatar "ESHIB" had a stunning 25,000% increase in a single day.

SHIBA COFFEE CO

Shiba Inu Coffee Company is Burning SHIB Tokens for every bag of Coffee it Sells...

Shiba Inu ($SHIB) has its own Coffee Company, that allows customers to buy SHIB branded coffee . The Company sells a variety of coffee at a starting price of $16.99 . And they said ,every bag of coffee sold , 10% of the company's profits send towards SHIB burning. Coffee is the perfect product to represent Shiba Inu. Coffee is something that can speak to everyone from every walk of life. 

There are Burning efforts by Shiba Community . Shiba Community organized a Shiba Burn Party, where 1 Billion SHIB Tokens worth 0.0000018 percent of the total circulating supply were burned. Several big corporations had begun to accept SHIB Token as payment for their goods and services. Flexa , Gamestop , Nordstom , Bed Bath Beyond , Petco , Ultra Beauty ,among them. Newegg , an electronic retailer  and AMC , a movie theatre operator also allowing $SHIB as mode of payment.

What Is Coin Burning ?

Coin Burning refers to the act of sending Cryptocurrency to a wallet which has lost its access key. Just imagine it as Dumping the coins in an empty room and the key has been permanently lost.

Why Coin Burning is Important ?? 

Coin Burning reduces the overall number of tokens in circulation , which helps boosting the value of cryptocurrency. Continuous burning of coin keeps the value steady in the short run and also over the long period.

Also Read : Could Shiba Inu Join Robinhood in Coming Months??

Could Shiba Inu Token Join Robinhood Trading App in Coming Month ??

Could Shiba Inu Token Join Robinhood Trading App in January ??

Now, The Most Asked Question In Internet is "Could Shiba Inu Token Join Robinhood Trading App in January ?? "

The Rumors picked up in October that $SHIBA INU Token would join Robinhood , the biggest trading app for cryptocurrency and investment app stocks. There have been rumors for a while that Robinhood would add Shiba Inu Coin to its trading and investing app. Shiba Inu Coin's fans , The Shiba Army , have pushed for the move because Robinhood is a major platform, which would expose more investors to the coin. A petition on Change.org asking Robinhood to list Shiba Inu -a Dogecoin inspired meme Cryptocurrency, now has more than 5,50,000 signatures. The growing clamor for Robinhood to add the Shiba Inu Coin to its platform is helping boost the cryptocurrency to record highs.

Shiba Inu Token has already made entry to Coinbase , another popular , retail cryptocurrency trading app and that rivals Robinhood . According to a report The Shiba Inu Coin might join the Robinhood Trading Platform in January, 2022. A Shiba Inu news Twitter account said that an insider from Robinhood said that ," Executives believe there's a 'Possibility' Shib will join Robinhood by January, 2022."

Shiba Inu with a market cap of more than $ 38 billion , Shiba Inu surpassed some major Indian Companies in terms of Market Value. It's now bigger than Adani Enterprises , JSW Steel, Tata Steel, Tech Mahindra, Adani Ports, and HDFC Life, ( according to the data gathered at the time of writing). Shiba Inu briefly became the ninth-largest cryptocurrency by market cap by building a devoted and passionate community ,called Shiba Army . 

So, if the coin could jump the Top 10 of cryptos in about one year without being traded on Robinhood , it's logical to assume a Robinhood listing could serve as rocket fuel for SHIB INU. 

But the Question is why Robinhood may need Shiba Inu ??

The answer is very simple to keep up with its competition. And that point was made in the company's last earning report. The company reported that it saw a decline in crypto activity. HOOD stock subsequently dropped 8%.

 

Therefor answer is listing SHIB on the platform would not only be a good marketing move ,but it would boost trading revenue.

Robinhood currently lists seven cryptocurrencies on its platform : Bitcoin ( BTCUSD ) , Ether ( ETHUSD ) , BitcoinSV (BTCSVC) , Bitcoin Cash ( BCHUSD ) , Dogecoin ( DOGEUSD ) , Litecoin (LTCUSD ) and Ethereum Classic ( ETCUSD ) .

Crypto Bill 2021       Largest Crypto Market in Future

SHIBA INU GAME : The Future of Gaming Industry

Shiba Inu Game

 

SHIBA INU is the Future of Gaming . A leading developer in Shiba Inu's Decentralized Community, explained that Shiba Game would be undertaking it's very first project in the form of Decentralized Metaverse in response of Facebook's Meta.The Shiba Inu Eco System is all set for another huge expansion. Lead developer of Shiba Inu Ecosystem , Shytoshi Kusama Twitted Shiba Inu had partnered with Veteran game developer Mr. William Volk to develop a Shiba Inu game.

William David Volk began his career at the age of 22, to launch the computer game division of a well-established board game company , Avalon Hill . He would create three original vido game there : 

CONFLICT 2500 , VOYAGER 1 & CONTROLLER . In 1995 Volk co-founded Aegis Development , where created THE PYRAMID of PERIL & MAC CHALLENGER . Volk worked as Director of Technology at Activision and than he became VP of Technology .He also share credit for the FIRST iPhone Game ever released. He is also responsable for the development of the first CD-ROM Entertainment Project, The Manhole, in the year 1989.

 Shytoshi Kusama also explained , " The only way to create a seven-figure game that is worthy of One Million FriendShibs ( Shiba Army ) is to find a perfectly

fitting AAA Studio and build it with then and We found one that is a perfect fit, and are finalising the paperwork now. To let you know that this is real, we are now under a mutual NDA." According to a report SHIBA INU Games are focused on working with amazing consultants and developers to buid an incredible 1st Version of The Shiboshu Game. This game will be mainly for mobile. The Game will be licensed solely to The Decentralized Team at Shiba Inu for use on Shibarium. WINK will provide unique opportunities within Shiba Inu Ecosystem ( $SHIB , $LEASH,

& $BONE) while Shiba Inu Games remains completly separate from this activity. The revenue gained from Shiba Inu Games in-App purchases also provides opportunities for $SHIBA & $LEASH burns.

Also Read :-

What Is Crypto ?

Will Crypto be Banned or Regulated in India ?

Why Shiba Inu Game is Future of Gaming ?

An Eventful Month for Shiba Inu Coin

Shiba Inu had an eventful month so far .

 The beginning of October rally of $SHIBA started with a simple Tweet from Elon Musk. However, things changed upside down towards tthe end when $SHIBA recorded a whopping 800% growth. Although it did not last long. But SHIBA made a significant place in it's Investor's hearts that is dwelling them to look for ways to make The $SHIBA : Doge Coin Killer, popular yet again. 

WILL SHIBA INU REACH ANOTHER ATH IN DECEMBER ?

CAN SHIBA INU EAT UP A ZERO FROM ITS PRICE BEFORE 2022 ?

Shiba Inu Coin Hits 1,000,000 Holder Milestone . 

Shiba Inu reached the 1,000,000 holder mark recently . In the time between these two milestones ,Shiba has reached several all time highs (the latest of which was $0.00008616) . There is another good news for Shiba Inu Holder. NewEgg Commerce,Inc a leading tech focused E-Retailer, has announced that they will accept Shiba Inu (SHIB) cryptocurrency as a form of payment on it's platform. The Company made the news official on a grand scale with a massive digital out-of-home (DOOH) campaign displayed on The Reef, North America's largest DOOH billboard. Situated at the intersection of the busy I-10 & I-110 in downtown Los An Angeles. The Reef is a Larger-than-life  platform for Newegg to drop its latest crypto news.

According to a dedicated Blog Post by SHIBA INU'S lead developer , Shytoshi Kusama SHIBA TOKEN will step forward to the Future Of Gaming . Apart from launching a AAA game studio, The SHIBA INU Team has also joint hand tha veteran game designer William David Volk, a former VP of Technology at Activision. SHIBA INU GAMES an new division in Shiba Inu Ecosystem Project, is focused on creating a video game primarily geared toward mobile platforms Android and iOS as well.

 The revenue from SHIBA INU Games' in-app purchase will be used to burn SHIB and LESH

 coins. This step has phenomenal repercussions for a sustainable increase in SHIBA COIN's price.

Story Of Shiba Inu : The Most Popular Coin in The Universe

 Shiba Inu Tocken is Decentralized Cryptocurrency launched in August ,2020 by an anonymous person or group known as Ryoshi.

Shiba Inu coin is built of Ethereum and is the highest growing cryptocurrency among the top 100 coins in terms of market

capitalization. Shiba Inu features the Shiba Inu —A Japanese breed of hunting dog—as its mascot. Shiba Inu coin is sold as 

SHIB tokens. Shiba Inu is widely considered to be an alternative to Dogecoin; in fact, Supporters of Shiba Inu promotes it as "the Dogecoin killer."

One major difference between the two currencies is that while Dogecoin is a coin, Shiba Inu is a token. The difference   

A Japanese breed of hunting dog

between the two is that cryptocurrencies have their own blockchains, whereas crypto tokens are built on an existing blockchain. 

Shiba Inu was developed as the answer to a simple question - "what would happen if a Cryptocurrency project was 100% run by 

a community ?" The founder of Shiba Inu , Ryoshi described it's origins to an " Experiment in decentralized spontaneous 

community building." According to Ryoshi, the founder of Shiba Inu , the power of collective decentralization can build something stronger than a centralized team ever could do.

The Shiba Inu Ecosystem :

The Shiba Inu ecosystem includes following three tokens:

• Shiba Inu (SHIB)
• Leash (LEASH)
• Bone (BONE)

Shiba Inu (SHIB) is the project's foundational currency. Starting with a supply of 1 quadrillion 

(equal to 1,000 trillion), Ryoshi locked 50% in Uniswap (for liquidity purposes) and then sent the other 50% to Ethereum co-founder Vitalik Buterin for safekeeping. In May 2021, Buterin donated more than 50 trillion Shiba Inu coins, then worth over $1 billion, to a COVID-19 relief fund in India, when the nation was reeling from the Delta variant of the coronavirus. Shortly thereafter, Buterin also "burned"—or permanently removed from circulation—40% of Shiba Inu's total
supply to a so-called dead wallet.

Leash (LEASH): The second token in the Shiba Inu ecosystem, Leash represents the other end of the ecosystem's spectrum, 

with a total supply of only 107,646 tokens compared with the trillions of Shiba Inu tokens.

Bone (BONE) fits in between the other two tokens in terms of circulation supply, with a total supply of 250,000,000 

tokens. It is designed to be a governance token that will allow the SHIBArmy to vote on upcoming proposals.

The Shiba Inu Ecosystem also includes:

• ShibaSwap
• Shiba Inu Incubator
• Shiboshis

The main moto of DeFi Platform ShibaSwap is to provide a safe place to trade to its investor.

The moto of Shiba Inu Incubator to shift the focus beyond popular art forms such as painting , photography .

Where Shiboshis are 10000 Shiba Inu generated Non-Fungible-Token (NFTs) written on the Ethereum Blockchain , with different traits that make each Shibosish Unique and Collectible.

Shiba Inu ($SHIB) Working on ‘One of the Most Significant Games of All Time’

Shiba Inu NFT Game In The Works.

Shiba Inu Partners With Former Activision Executive For A Shiba Inu NFT Game.

Shiba Inu (SHIB), the 12th largest cryptocurrency by market cap and a true Dogecoin (DOGE) successor is looking to build its Metaverse. The makers of the sensational meme coin, have pulled the cover of its foray into the world of gaming with Shiba Inu games. 

Meme coin industry growing at an exponential degree is now a known fact to the masses in the industry. Shiba Inu holds the credit to uplift the market’s faith in meme coins. Shiba Inu is growing at a rapid speed when it comes to adoption and price appreciation.

Shiba Inu team announced they have onboarded William David Volk, former Vice President of Tech at Activision, one of the largest game developers in the US. Volk brings 36-year long experience in the gaming industry to the SHIB community.

William Volk boasts of an impressive record in the video game industry, with over 36 years of experience in the video games industry under his belt, measuring back to Avalon Hill in 1980. Volk created and co-designed iWack, one of the first-ever games which were launched on the App store.

Volk would be key to Shiba Inu’s development of Play-to-Earn (P2E) NFT games that would help the altcoin consequently transition into its Metaverse. The development of the Metaverse will begin in 2022 and will be built in-house by the SHIB team. Shytoshi Kusama, the project lead at Shiba Inu games revealed their Metaverse approach would be quite different from Facebook.  

The latest news from Shiba’s camp has been lauded by many market experts as Blockchain gaming is on the rise this year. Over 1.2 million Unique Active Wallets were connected daily to blockchain games in October 2021 alone. Axie Infinity has also reached new heights this year, with over $3 billion worth of AXS currently staked in AXS staking contracts.

Shiba Inu could also be in for a huge turnaround with regards to its Metaverse development. SHIB’s community is relatively larger than that of tokens such as SAND, MANA, ENJ, and ALICE, which has all seen its valuation go up after advancing into the Metaverse.