### Binance CEO Faces SHIB Army's Plea to Burn SHIB Tokens: Here's Why
The Shibburn tracking platform's X account has highlighted a recent appeal from the SHIB community directed at Richard Teng, CEO of Binance. Here's the scoop:
- **🔥 SHIB Community's Request:** SHIB enthusiasts have urged Binance's CEO to start burning Shiba Inu tokens, similar to the ongoing burns for LUNC tokens.
- **📈 Growing Demand:** Under a tweet by Richard Teng about spot Bitcoin ETFs and the high interest in Bitcoin, several SHIB fans requested Binance to burn SHIB using trading fees.
- **🤔 Possible Impact:** Imagine Binance burning SHIB from trading fees just like they do for LUNC. Could this become a reality?
- **🔥 LUNC Burn Comparison:** Binance has been burning LUNC tokens since 2022 to help revive the Terra Luna Classic project after its massive crash. SHIB supporters hope for a similar initiative.
- **📊 SHIB Burn Rate Spike:** According to Shibburn, the SHIB burn rate has surged by 355.31% in the last 24 hours, with 28,256,594 SHIB burned in 11 transactions.
Stay tuned for updates on whether Binance will respond to the SHIB Army's burning requests!
