Over $19M Worth SHIB Burned This Week

The SHIB burn rate increased by 1076.78% in the last 24 hours, with 10,591,049 $SHIB burned.

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Token burning refers to the process of permanently destroying or removing a certain number of tokens from circulation.

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The current SHIB price is $0.00001032, which is down by 1.65%.

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The market capitalization of SHIB is $6,086,566,518, which decreased by 1.54%.

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The total volume traded in the last 24 hours is $134,499,113.

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The burn is part of the team's effort to create a deflationary mechanism for the token and increase its value.

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The current Shiba Inu supply is 410,633,241,777,651 and a total of 999,990,883,724,150 $SHIB has been burnt from the initial supply.

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