🔥 20 Million $SHIB Incinerated in Minutes – What’s Driving the Burn?

A staggering 20,000,000 Shiba Inu ($SHIB ) tokens have been permanently removed from circulation within just minutes, thanks to an aggressive token-burning initiative. This substantial burn was executed by an unidentified whale, who deliberately purchased the tokens only to send them to an irretrievable blockchain address, effectively eliminating them from the supply.

According to recent data, the $SHIB community has successfully burned a total of 20,794,281 SHIB today alone, pushing the daily burn rate up by 34.24%. Meanwhile, over the past seven days, a cumulative 122,135,883 SHIB has been incinerated, showcasing the community’s continued commitment to reducing the token supply.

To date, the combined efforts of the Shiba Inu community and development team have resulted in the removal of a massive 410,744,744,227,515 SHIB from circulation. Despite these aggressive burns, the same amount—410.74 trillion SHIB—remains in circulation, underscoring the scale of the project’s long-term deflationary strategy. As the supply diminishes, investors remain hopeful for a positive impact on the token’s valuation. 🚀🔥 #ShibBurn #ShibArmy #SHİB #GPSonBinance #FTXrepayment