How can I track the burning process of Shiba Inu coins?

3 answers

• Nordentoft GoldmanOct 24, 2024 · 9 months ago
  Sure! Tracking the burning process of Shiba Inu coins can be done by monitoring the token's smart contract. The burning process usually involves sending tokens to a burn address, which is a specific address that is designed to receive tokens but cannot be accessed. By checking the transactions associated with the burn address, you can track the amount of tokens burned. You can use blockchain explorers like Etherscan or BscScan to view the transactions and monitor the burning process.
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• IasminaFeb 27, 2022 · 3 years ago
  To track the burning process of Shiba Inu coins, you can also follow official announcements from the Shiba Inu team. They often provide updates on the burning process and the amount of tokens burned. Additionally, you can join the Shiba Inu community on social media platforms like Twitter or Telegram. Community members often share information and updates about the burning process, allowing you to stay informed.
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• Horton McKayOct 01, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, offers a feature that allows users to track the burning process of Shiba Inu coins. By creating an account on BYDFi and accessing the Shiba Inu trading section, you can view real-time data on the burning process, including the number of tokens burned and the current burn rate. This feature provides a convenient way to monitor the burning process without the need for manual tracking.
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