Here is the latest information on token burns and circulating supply for several crypto projects:
Shiba Inu ($SHIB)
Total Initial Supply: 1 quadrillion tokens.
Tokens Burned: Over 410 trillion tokens have been burned since inception, with a significant increase in recent months.
Current Circulating Supply: Approximately 589.26 trillion tokens.
CatSlap ($SLAP)
Total Initial Supply: 9 billion tokens.
Tokens Burned: Specific information regarding the number of $SLAP tokens burned is not available.
Current Circulating Supply: Specific data regarding current circulating supply is not available.
Flockerz ($FLOCK)
Initial Total Supply: Specific information regarding the initial total supply of $FLOCK is not available.
Token Burn: Information regarding the $FLOCK token burn is not yet available.
Current Circulating Supply: Specific data regarding current circulating supply is not available.
FreeDum Fighters ($DUM)
Total Initial Supply: 270 billion tokens.
Tokens Burned: Information regarding the burning of $DUM tokens is not yet available.
Current Circulating Supply: Specific data regarding current circulating supply is not available.
It is worth noting that token burning is a strategy used by some crypto projects to reduce the circulating supply with the aim of increasing the value of the token. However, the effectiveness of this strategy depends on various factors, including market demand and overall project adoption.
Information regarding the number of tokens burned and circulating supply may change over time. Therefore, it is advisable to check official sources or trusted platforms for the latest data before making any investment decisions.
Here are some crypto projects that have made updates regarding their token burns and supply distribution:
CatSlap ($SLAP)
CatSlap is a new and rising token from the “cat meme coin” niche, which has spawned many success stories like Popcat. The token has increased by over 10,000% since its launch in December 2023.
Shiba Inu ($SHIB)
Shiba Inu had an initial total supply of 1 quadrillion tokens, with over 410 trillion tokens having been burned, leaving a circulating supply of around 589 trillion tokens.
Flockerz ($FLOCK)
Flockerz is an artificial intelligence-powered cryptocurrency project built on the Solana network. The project has attracted a lot of attention in the cryptocurrency market thanks to its ability to learn and adapt in real-time.
FreeDum Fighters ($DUM)
FreeDum Fighters is a token project inspired by the ongoing US presidential election, providing a parallel and humorous view of political events. Users can stake their $DUM tokens by choosing their side.
Token burning is a strategy used by some crypto projects to reduce the circulating supply with the aim of increasing the value of the token. However, the effectiveness of this strategy depends on a number of factors, including market demand and overall project adoption.
Information regarding the number of tokens burned and circulating supply may change over time. Therefore, it is advisable to check official sources or trusted platforms for the latest data before making any investment decisions.