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Shiba Inu Community Member Petitions Binance to Implement Daily 1% Burn Of SHIB Transactions

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By on July 19, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Shiba Inu Community Member Petitions Binance to Implement Daily 1% Burn Of SHIB Transactions appeared first on Coinpedia Fintech News

In an interesting development, a popular community member Labib recently launched a petition on Change.org asking Binance to implement a daily burn of 1% of all Shiba Inu trading fees on its platform. As of yesterday, the petition has already attracted 111 signatures out of the initial target of 200. The goal is to hit a milestone of 50,000 signatures. The development follows the community’s initial discussion about burning SHIB on Binance and Coinbase. At the time, 96.4% of Shiba Inu community members voted in favor of an X poll to actualize this goal.

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