The Shiba Inu community has launched a petition urging Binance, the world’s largest crypto exchange, to burn SHIB tokens. The petition, which has received an overwhelming response from SHIB supporters, has successfully crossed its first milestone, amassing over 1,000 votes.
Shiba Inu Petition Crosses 1,000 Votes
The Shiba Inu community has taken significant bold steps in its efforts to boost the value of SHIB. On July 17, 2024, the community started a petition, requesting Binance to implement a daily burn mechanism for 1% of all SHIB token transactions.
The Binance petition has garnered a significant amount of support from various community members, exceeding its first milestone by reaching 1,164 votes in just a few weeks. The petition is also nearing 90% of its goal, with just 1,500 signatures needed to complete the current stage.
Stressing the importance of the token burn petition, an X (formerly Twitter) account…
