Learn more

Nearly 30 million Shiba Inu(CRYPTO: SHIB) tokens have been permanently removed from circulation. This move comes amidst a significant price correction for the meme coin, which saw a sharp decline following a recent peak. The Shibburn tracker, dedicated to monitoring SHIB burn transactions, reported that these tokens were sent to an unspendable blockchain address through six separate transactions, effectively reducing the available supply of SHIB. Over 21 million SHIB tokens were burned in the largest transactions, contributing to the community’s ongoing efforts to make Shiba Inu a more scarce …