How much SHIB has been burned in the past month?

3 answers

• F-BravoApr 25, 2024 · a year ago
  Sure! The burning mechanism is an important aspect of SHIB's tokenomics. In the past month, approximately 10 billion SHIB tokens have been burned. This burning process helps reduce the total supply of SHIB tokens over time, which can potentially increase the value of each token.
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• Hemanth KumarFeb 11, 2021 · 4 years ago
  The burning of SHIB tokens in the past month has been significant. A total of around 10 billion SHIB tokens have been burned, which is a substantial amount considering the current circulating supply. This burning mechanism is designed to create scarcity and potentially drive up the value of SHIB tokens.
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• Maskharor prakerinMar 23, 2022 · 3 years ago
  According to the latest data, the burning of SHIB tokens in the past month has resulted in the destruction of approximately 10 billion tokens. This burning process aims to control inflation and create a deflationary effect on the token's supply. It's an important mechanism that can potentially benefit SHIB holders in the long run.
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