Could a meme coin become a cornerstone of Web3 networks? Shiba Inu says yes.
The Shiba Inu meme coin continues to gain notoriety for its aggressive moves to reduce the supply of its tokens, through continuous burning mechanisms aimed at reducing inflation and improving market value in the long term.
Over 410 trillion SHIB have been withdrawn from circulation.
According to Shibburn, a website that tracks burns on the Shiba Inu network, 410,749,550,095,727 SHIB tokens have been permanently burned as of mid-June 2025. This massive number represents more than 41% of the total initial supply of 1 quadrillion (10^15) tokens, making Shiba Inu one of the most active coins in supply reduction strategies.
One of the most notable historical burns was carried out by Ethereum co-founder Vitalik Buterin, who donated and then burned approximately 410 trillion tokens of his stake in May 2021, representing 90% of what he received from the Shiba Inu project.
Live statistics from the ecosystem
Total remaining supply: approximately 589.25 trillion tokens.
Number of tokens burned in the last 24 hours: 537,187,730 tokens, a daily burn rate of over 3,000%.
Number of tokens burned in one week: 1,181,464,779 tokens, an increase of 887% over the previous week.
These numbers indicate that burns are not a one-off event, but rather an ongoing policy adopted by the community and developers to create a positive inflationary effect on the currency.
Partnerships and technical expansion
As part of the development of the $SHIB project, the network announced a strategic partnership with TokenPlayAI, an AI-powered gaming platform operating within the Web3 environment, opening up new avenues for the use of SHIB in the field of digital gaming.
New technologies were also revealed, the most important of which are:
Shib Alpha Layer: A consolidation layer developed by ElderLabs, enabling the acceleration and orchestration of RollApps on the Shibarium network.
Shib Rollups platform: Allows developers to create their own Layer-2 chains on the Shiba network, increasing scalability and expanding the scope of use.
What's next for Shiba Inu?
In recent statements, prominent developer Kaal Dhairya indicated a radical shift is coming to the project, describing the next phase as the beginning of the "Sheba Alpha era," where technologies like FHE for full data encryption will be introduced, along with the ability to deploy open-source RollApp applications.
He explained that these steps aim to end SHIB's classification as a meme coin and transform it into a fully integrated blockchain network with a robust infrastructure.
a summary
As it continues to burn billions of tokens and expand its tech partnerships, SHIB appears to be seriously pursuing a future that transcends memes and embraces scalable, real-world uses. With the advent of Layer-2 technologies and artificial intelligence, 2025 could be a pivotal year in redefining Shiba Inu's identity as a fully fledged blockchain project.
Do you think Shiba Inu will transform from a meme coin into a true competitor to Ethereum? Share your opinion with us.
