How much Shiba Inu coin has been burned so far?

3 answers

• LifeableMar 04, 2025 · 5 months ago
  As of now, the exact amount of Shiba Inu coin that has been burned is not publicly available. However, the burning process is ongoing and the total number of burned coins can be tracked on the blockchain. It is important to note that burning coins helps to reduce the total supply and can potentially increase the value of the remaining coins in circulation.
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• kerrieapearlDec 18, 2021 · 4 years ago
  Unfortunately, the specific number of Shiba Inu coins burned so far is not disclosed by the project team. However, the concept of burning coins is commonly used in the cryptocurrency space to decrease the total supply and potentially create scarcity, which can have a positive impact on the coin's value. The burning process is typically done by sending coins to an address from which they cannot be accessed, effectively removing them from circulation.
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• Khashayar AboliFeb 14, 2024 · a year ago
  BYDFi, a leading cryptocurrency exchange, has not disclosed the exact amount of Shiba Inu coin burned so far. However, burning coins is a common practice in the cryptocurrency industry to reduce the total supply and potentially increase the value of the remaining coins. It is important for investors to keep track of the burning process and monitor the impact it may have on the market.
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