Shiba Inu: Elon Musk’s Twitter Suspends App That Burns Billions of SHIB Tokens
The ShibBurn stands out as the sole external application that consistently incinerates countless Shiba Inu tokens on a daily basis ever since it was introduced. Through its various endeavors, ShibBurn manages to eliminate approximately 1.5 million tokens from circulation each day. Nevertheless, Elon Musk's Twitter surprisingly halted the presence of the ShibBurn application on its platform, resulting in the bot's inability to transmit 'burn' details.
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The application has been running smoothly on Twitter since 2021, and the username assured that it did not breach any rules or policies. The ShibBurn username stated that they fully adhered to the community guidelines, making the suspension quite surprising.
"Our application has been actively using Twitter for the last two years without encountering any problems or breaches of the platform's regulations. We consistently made an effort to adhere to Twitter's guidelines and sustain a favorable online presence," stated the tweet.
Dear Twitter Support, Twitter Developers, Elon Musk, and Linda Yacc, Hello!
Our Twitter application was disabled a couple of hours back, and we firmly believe that this is an error. A notification on the Developer Portal indicates that our application has breached the guidelines and regulations set by Twitter. Furthermore, it made reference to an electronic mail…
Twitter has not given a specific explanation for the suspension and has yet to investigate the allegations made by the ShibBurn application. Nonetheless, ShibBurn has affirmed that their burn efforts are unaffected and only the Twitter application that displays burn information has been temporarily halted.
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Shiba Inu: ShibBurn Tracks Burns Differently
The Twitter robot is prohibited from divulging the specifics of the burn, so individuals can verify daily burns on the company's online platform. The burn application offered by a third-party shared on Twitter, "At present, our robot is incapable of publishing on Twitter due to the aforementioned problem. Nevertheless, users can remain informed about the most recent SHIB burn data via our website. We anticipate that this issue will be resolved promptly."
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At present, our bot is incapable of sharing posts on Twitter because of the problem we mentioned earlier. Nevertheless, users can stay informed about the most recent $shib burn details on our website https://t.co/67htKqcZ7J. We are optimistic that this matter will be resolved in the near future.
Only a couple of days back, the monitor indicated that 341 million SHIB tokens had been transferred to the inactive wallet. The destruction figures have seen a significant increase this month due to the drop in its price. Currently, the Shiba Inu is being traded at $0.00000771 and has experienced a decrease of 2.1% within the past 24 hours. It has fallen by 91.03% from its record peak of $0.00008616, reached in October 2021.
