Shiba Inu burns 673M SHIB in 30 days — 1% of supply would take 714 years
- —589,876 SHIB worth about $3 burned in 24 hours; 75.36M over 7 days and 673.5M over 30 days
- —Daily burn pace of 22.45M SHIB equals just 0.000115% of supply per month
- —410.85 trillion SHIB (41.08% of original supply) burned across 21,916 transfers, mostly in 2021
- —SHIB at $0.00000492 after losing the $0.0000050 level; market cap about $2.9 billion, 37th by size
Why it matters: With supply effectively static, SHIB's price depends on demand rather than burn-rate headlines.
Source: CryptoTicker