What is the current burn rate of SHIB token?

3 answers

• tiam230Oct 31, 2022 · 3 years ago
  The current burn rate of SHIB token is determined by the SHIB community. As a decentralized cryptocurrency, the burn rate is not fixed and can vary over time. The burn rate refers to the number of SHIB tokens that are permanently removed from circulation. This is usually done to reduce the total supply of tokens and potentially increase their value. The exact burn rate can be found on the official SHIB token website or by checking the latest updates from the SHIB community.
  478

  239
• tomaskristof38Nov 23, 2020 · 5 years ago
  The burn rate of SHIB token is an important metric for investors and holders. It indicates the rate at which tokens are being destroyed, which can have an impact on the token's scarcity and value. The burn rate is usually determined by the SHIB community through community-driven initiatives. It's important to note that the burn rate can change over time as it depends on the decisions made by the community. To stay updated on the current burn rate of SHIB token, you can follow official SHIB token social media channels or join SHIB token community forums.
  559

  187
• amusiQDec 30, 2023 · 2 years ago
  The current burn rate of SHIB token is not publicly disclosed by BYDFi. However, as a popular cryptocurrency, SHIB token has gained significant attention from the crypto community. The burn rate of SHIB token is determined by the SHIB community through community-driven initiatives. It's important to note that the burn rate can vary over time as it depends on the decisions made by the community. To stay updated on the current burn rate of SHIB token, you can follow official SHIB token social media channels or join SHIB token community forums.
  547

  137