"How many Shiba Inu coins have been burned? The numbers speak!"
In the world of cryptocurrencies, the coin that is burned may be the one that increases in value, and this is the case for Shiba Inu (SHIB), which has seen the burning of over 410 trillion coins since its launch, with this process continuing consistently. In 2024, around 44.62 billion SHIB have been burned, reflecting the community's commitment to a sustainable burn system.
📉 Annual burn rate
In just this year alone, over 44 billion SHIB tokens have been burned, representing a part of an ongoing plan to reduce the circulating supply in the market and increase value in the long term.
🔥 How does this process affect?
Token burning contributes to reducing the total supply of the coin, meaning that with each burn, the number of coins available in the market decreases. This leads to increased pressure on demand, and thus, its value may increase over time.
🚀 The Future of Shiba Inu:
The Shiba Inu team is working to enhance the burn strategy through new projects like ShibaSwap and Shiba Inu Burn Portal, which allow users to participate in the burn process while earning profits at the same time.
So, with each new burn, your chances of making massive profits in the future increase!
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