Shiba Inu (SHIB) is a cryptocurrency known for its large initial supply and community-driven token burn initiatives aimed at reducing the circulating supply to potentially increase its value.

$SHIB : $0.0000223.

1. Upcoming Token Burns: As of now, there are no officially scheduled token burns for SHIB. However, the community and development team have implemented mechanisms to facilitate ongoing burns. Notably, the Shibarium Layer 2 network, launched in 2023, burns 70% of the base transaction fees paid in BONE by converting them to SHIB and sending them to a burn address. This process is continuous and depends on the transaction volume within the Shibarium network.

2. Burned Tokens: Since its inception, over 410 trillion SHIB tokens have been burned, representing about 41% of the total supply. The most significant burn occurred in 2021 when Ethereum co-founder Vitalik Buterin burned 41% of the supply. Subsequent burns have been community-driven and facilitated through mechanisms like Shibarium. The exact number of tokens burned at any given time varies based on transaction volumes and community initiatives.

Do you think that if this happens, Shiba Inu will become one of the coins whose price will rise significantly?

And

What is the price that you expect?

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