How many Shiba Inu tokens have been permanently removed from circulation?

3 answers

• Mr FirmanJun 27, 2021 · 4 years ago
  As an expert in the field of cryptocurrency, I can tell you that the exact number of Shiba Inu tokens permanently removed from circulation is not publicly available. However, it is common for cryptocurrency projects to burn tokens as a way to reduce the total supply and increase the value of the remaining tokens. Shiba Inu has conducted token burns in the past, but the specific amount of tokens burned has not been disclosed.
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• eylulcobanOct 23, 2020 · 5 years ago
  Hey there! So, the thing about Shiba Inu tokens being permanently removed from circulation is that it's a bit of a mystery. The developers behind Shiba Inu have burned some tokens in the past, but they haven't really shared the exact number. Token burns are a common practice in the crypto world to reduce the supply and potentially increase the value of the remaining tokens. So, while we don't have the exact figures, it's safe to say that some Shiba Inu tokens have been taken out of circulation.
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• Panuwit MoungkernAug 09, 2022 · 3 years ago
  According to BYDFi, a cryptocurrency exchange, a total of 1 trillion Shiba Inu tokens have been burned and permanently removed from circulation. Token burns are a strategic move by the Shiba Inu team to create scarcity and drive up the value of the remaining tokens. This reduction in supply can potentially benefit token holders in the long run. However, it's important to note that this information is subject to change, and it's always a good idea to do your own research and stay updated with the latest developments in the Shiba Inu ecosystem.
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