Shiba Inu Burn Twitter account suspended amid transparency concerns

2023-06-24 05:12:04 ET

In an unexpected development in the

cryptocurrency

community,

Shiba Inu

lost its burn Twitter account (Shibburn). The event has attracted attention as the account holders tagged the new Twitter CEO Linda Yaccarino and Elon Musk, asking for a resolution.

Dear

@TwitterSupport

,

@TwitterDev

,

@elonmusk

,

@lindayacc

Our Twitter app was suspended a few hours ago, and we strongly believe this to be a mistake. A message on the Developer Portal states that our app has violated Twitter Rules and policies. It also mentioned that an email…

— Shibburn (@shibburn)

June 24, 2023

Shibburn’s Twitter account suspended

The holders revealed that the Developer Portal message stated that their account violated Twitter policies and rules. They added that they’ve met challenges reaching out to support.

Shiba Inu’s burn Twitter account was crucial for followers as it offered constant updates about tokens destroyed within the meme coin’s ecosystem. Asset burning is essential as it makes the crypto scarce, increasing demand. For instance, invezz.com

news

show how market players can use burnto forecast potential price movement for SHIB price.

Shibburn has attracted a significant following within the cryptocurrency space for its updates about SHIB burn rates. However, they went offline abruptly, and their latest tweet asks for support and resolution, tagging CEO Linda Yaccarino and Elon Musk.

Neither Linda nor Musk has so far responded.

The post

Shiba Inu Burn Twitter account suspended amid transparency concerns

appeared first on

Invezz

Credit: Source link