Burning 410.75 Trillion SHIB: A Significant Step in the Supply-Shrinking Journey
Can a meme coin become a cornerstone of Web3 networks? Shiba Inu says yes
Shiba Inu
The meme coin Shiba Inu $SHIB continues its reputation for aggressive efforts 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Over 410 Trillion SHIB have been withdrawn from circulation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-shrinking strategies. One of the most notable burns in history 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 Ecosystem Statistics
Total remaining supply: approximately 589.25 trillion tokens.
Number of tokens burned in the last 24 hours: 537,187,730 tokens, with a daily burn rate exceeding 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-time event, but rather...
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