BURNING BURNING AND THE VALUE JUST GOES DOWN

Currently, over 410 trillion Shiba Inu (SHIB) tokens have been burned, representing about 41% of the original supply of 1 quadrillion tokens.

Plisio

Token burning is a strategy used to reduce the circulating supply, potentially increasing the value of the remaining tokens.

The Shiba Inu community has implemented ongoing burning mechanisms to achieve this goal.

For up-to-date information on the amount of tokens burned and the current supply, you can refer to the Shibburn website.

It is important to note that while token burning can influence the value of a cryptocurrency, other market factors also play significant roles in determining its price.