Massive Burn of Shiba Inu Tokens: 4.17 Billion Tokens Destroyed Last Week

Shiba Inu Monthly Burn Rate Sees a 6.33% Decrease, 1.36 Billion SHIB Tokens Removed

In the past week, the burn rate of Shiba Inu has witnessed a substantial surge, with the Community burning a total of 4.17 billion SHIB tokens. This remarkable achievement was accomplished through a series of twenty-seven individual transactions, resulting in the transfer of 4,175,261,803 SHIB tokens to the dead wallet. This recent accomplishment signifies a […]

What Could be Behind the 370% Increase in Shiba Inu’s Burning in May?

Shiba Inu Signals Approaching a Monumental SHIB Burn

During the month of May 2023, a significant number of 15.36 billion Shiba Inu (SHIB) tokens were eliminated through burning. These burns were conducted through 191 transactions. Notably, the total number of burns in May was 370% higher compared to April 2023. In April, only 3.26 billion SHIB tokens were taken out of circulation. Despite […]

Shiba Inu Burn Rate Jumps 2372.57% Following Blaze Token Burn

Shiba Inu Signals Approaching a Monumental SHIB Burn

In its most recent burning event, Blaze Token (BLZE), a newly-launched project dedicated to reducing the substantial supply of Shiba Inu (SHIB), successfully burned over 1.2 billion SHIB tokens. This latest burn brings the total number of SHIB tokens burned by Blaze Token to 7.9 billion since it joined the initiative. By undertaking these burnings, […]