According to U.Today
Binance CEO faces SHIB army's pleading to start burning SHIB, here's why
The recent X post by Binance CEO Richard Teng devoted to Bitcoin ETFs and overall high interest in BTC has suddenly attracted the attention of the SHIB army. However, SHIB enthusiasts took to the post's comments section not to opine on the theme of Bitcoin; instead, they asked the Binance head if the exchange could start burning Shiba Inu tokens, as it does with LUNC tokens using their proceeds from trading fees. As a reminder, Binance has been contributing to burning LUNC since 2022 in an effort to revive the Terra Luna Classic (LUNC) project following the crash it faced that year. The SHIB community's pleading did not go unnoticed by Shibburn's official X handle; the team behind it tagged Binance, writing, "Imagine Binance burning from the SHIB trading fees just like they do for LUNC. Could it happen?"