- SHIB is near the support level, and a decline below it could lead to a return to $0.000006603.
- More than 50 million gray hairs have been burned in the last 24 hours.
Shiba Inu (SHIB), the meme-coin has been dropping over the past month and the Ethereum consolidation has further fueled the drop. Many altcoins are stuck in decline and few are taking remedial steps to overcome them. One such attempt by SHIB is the Shibburn mechanism. The coin is swinging near the support level, and a dip below it could bring it back to $0.000006603, the lowest level in a year.
The SHIB ecosystem is making every effort to recover, daily burn gray The numbers are very important, too. According to Twitter account, Shibburn, more than 50 million SHIBs have been burned in the past 24 hours.
Shepburn’s therapeutic measures
Recently, Shipburn also introduced Alexa Skill for the Shibburn Radio app. The app is expected to be compatible with both iOS and Android. Radio Shepburn It is designed to play music and hit songs 24/7. The revenue earned from the app will be used to burn Shiba Inu tokens.
We just sent Alexa Skil to Radio Shipwreck. In a few hours we will submit the terminal app for iOS and Android for approval. Shibburn’s much awaited app (the main app) is on the way too. Stay tuned! pic.twitter.com/4wMTUXhRgt
Shibburn September 14, 2022
The developers expect SHIB to have more exposure after the radio app is launched. All ads and sponsorship will be placed in token burn increase. Parallelly, the Shibburn team is also concerned about the expenses behind licensing and ownership conflicts in the music industry.
Looking at the current status of the SHIB token, the price is $0.00001166, the volume is $222.35, and the market capitalization is over $6 billion, with a decrease of 0.76% in the last 24 hours.
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