Shiba Inu recently shattered records with a whopping burn rate of 3000% sending over 230 million SHIB tokens to the vaults of dead wallets. However, the latest data indicates that the burn rate has decreased showing a 96.95% reduction. In the last 24 hours, only 7 million SHIB tokens, went up in flames via a series of 8 transactions, equating to a dollar value of $153.09.
The popular dog-themed coin has implemented a burning mechanism to reduce the total number of tokens in circulation, which could theoretically drive the price up. Over the past week, SHIB’s price has been a roller coaster ride jumping 30% from June 6 to June 9. Since then, the price has retraced back and is currently sitting at $0.00002171.
Amidst this volatility, there is good news on the horizon. The popular meme coin has forged a groundbreaking partnership. Self-custody crypto exchange StealthEX is collaborating with Mercuryo_io, enabling seamless card purchases of SHIB and other cryptocurrencies directly on their platform. This groundbreaking collaboration empowers users to acquire SHIB, unlocking a hassle-free pathway to join the Shib community.
A major takeaway of this partnership is the remarkable accessibility it offers. With no KYC requirements and the ability to make purchases of up to €700, users can dive into the Shiba Inu market with ease and efficiency. This user-friendly approach eliminates unnecessary hurdles, making it simpler than ever for newcomers and seasoned traders alike to participate in the SHIB ecosystem.
Shiba Inu and 170+ Cryptos Available on StealthEX
Big day for ShibArmy! You can now buy Shibtoken with your card on StealthEX! StealthEX partnering with @Mercuryo_io allows you to make purchases up to €700 with no KYC. Use 100+ fiat currencies to get SHIB and other 170 crypto assets easily & instantly
But the benefits don’t stop there. With StealthEX’s integration of over 100 fiat currencies, users have a plethora of options to acquire not just Shiba Inu, but also a diverse array of over 170 other cryptocurrencies instantly. This comprehensive selection ensures that users have the flexibility to explore and invest in their preferred digital assets without constraints.
For ShibArmy members and crypto enthusiasts alike, this partnership marks a significant milestone in the journey toward broader adoption and accessibility of Shiba Inu.