🔥 Latest News from the Crypto World: Shiba Inu (SHIB) Burns Tokens!

- Who would have thought, the meme coin Shiba Inu (SHIB) actually likes to burn tokens! Last year, thanks to the burning mechanism, the supply of SHIB was drastically reduced. The result? The price of SHIB soared 115% in a year! 🚀

- Initially, SHIB had a total supply of one quadrillion tokens. Half of them were locked in Uniswap, while the rest were sent to Vitalik Buterin. The programmer then donated and burned trillions of SHIB.

- In 2022, the Shiba Inu team officially adopted the burning mechanism. More than 44.6 billion SHIB have disappeared throughout 2024. Although its value is "only" $ 1 million, this effort makes SHIB even rarer and possibly more valuable.

- Shibarium, a layer-2 solution, also continues to grow rapidly. Transactions on this protocol have reached 700 million, and wallet addresses have exceeded 2 million!

What do you think about the future of SHIB? Let's discuss in the comments column!