The petition to burn Shiba Inu on Binance was supported by 1188 people

More than 1,000 people have signed a petition to burn Shiba Inu (SHIB) meme tokens on the cryptocurrency exchange Binance.

The initiative appeared on the Change.org website on July 17 and received 1,188 signatures. Its autop under the pseudonym labib_co shib allows Binance to change the mechanism of destroying SHIB, which is expected to burn 1% of tokens on a daily basis. According to activists, this measure will help the blockchain project to achieve success and sustainability in the long run.

Binance has announced the destruction of the Terra Classic (LUNC) coin, whose purchase was caused by the collapse of the Terra ecosystem in May 2022. Bipzha charges up to 100% of the commission earned for the processing of options for the purchase of LUNC. Members of the Shiba Inu community want a similar scheme to apply to SHIB.

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