SHIB~0.00000739(+3.79%)
âđ„ $SHIB Burn Update: 410 Trillion Tokens Incinerated!
âThe Shiba Inu ecosystem continues its massive supply reduction. To date, approximately 410 Trillion SHIB tokens have been permanently removed from circulation!
âWhat does this mean for the SHIB Army?
âđ Supply Reduction: Originally launched with 1 Quadrillion tokens, the community and the development team have already burned over 41% of the total supply. By sending these tokens to "dead addresses," they are unrecoverable, creating long-term scarcity.
ââïž How itâs happening:
âVitalik Buterin's Historic Burn: The largest single burn in crypto history.
âShibarium Burns: Every transaction on the Shibarium L2 network contributes to burning $SHIB.
âCommunity Power: Daily community-led initiatives keep the burn rate moving.
âđ The Current Snapshot:
âTotal Burned: ~410.4 Trillion $SHIB
âCirculating Supply: ~589.2 Trillion $SHIB
âThe Goal: Constant deflation to support price action as demand grows.
âAs the ecosystem expands with $SHIB: The Metaverse and more utility, the burn mechanism remains a core pillar of the projectâs tokenomics.
âWhatâs your price prediction for $SHIB this year? Letâs discuss this in the comments! đ
â#SHIB #ShibaInu #BurnRate #BinanceSquare #Memecoins
