Shiba Inu tokens worth nearly $100,000 were burned by the SHIB group on December 23.

To date, the SHIB group has burned a total of 33.6 billion Shiba Inu tokens, significantly reducing the circulating supply.

SHIB price remains above 0.00001090 USD, giving Shiba Inu owners 34.5% monthly profit.

The Shiba Inu group burned a total of 33.6 billion SHIB tokens. The move has reduced selling pressure on the meme coin as circulating supply shrinks. Furthermore, on-chain metrics support SHIB price gains and a bullish outlook for the asset.

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SHIB burn supports the bullish thesis for meme coin

The Shiba Inu token burn is one of the catalysts supporting SHIB returns by reducing the asset's circulating supply. Binance participated in burning SHIB, other entities such as the Shiba Inu group burned tokens, creating a similar impact on the price of meme coin.

The Shiba Inu team has burned a total of 33.6 billion SHIB tokens to date. The fourth burn statistics were shared by famous Shibarium on X marketing expert LucieSHIB.

Based on data from Shibburn tracker, a total of 25.7 billion SHIB tokens were burned in December. While meme coins in other ecosystems increased in price, Shiba Inu price returned profits 35% monthly for holders.

The Shiba-Inu-themed meme coin is starting to recover, with SHIB supply on exchanges falling to 7.82% on December 24. This marks a significant decrease in selling pressure. for assets on the exchange$SHIB $ETH #tintuccrypto #TinTucKinhTe