1.31 Billion SHIB Burned — What’s Going On with Shiba Inu Supply? 🔥🐶
According to Shibburn, a total of 410.75 trillion SHIB tokens have been permanently removed from circulation — that's over 41% of the original 1 quadrillion token supply!
📉 Latest 24-Hour Burn Update:
Just 199,379 SHIB were burned — a 98.46% drop in the daily burn rate.
📆 Weekly Burn Summary:
Only 62.92 million SHIB burned over the past 7 days — signaling a slowdown in the burn momentum.
📅 Flashback to May 2021:
Ethereum co-founder Vitalik Buterin famously burned 410 trillion SHIB, which was 90% of the tokens he unexpectedly received from the Shiba Inu team.
🔢 Current SHIB Supply:
Now sits at 589.25 trillion SHIB.
📈 Price Update:
SHIB is up 1.62% in the past 24 hours, trading at $0.00001162.
Is this a cool-down phase before the next burn surge?