1 Billion step hit 105 Trillions $SHIB Burned as ShibTorch V2 Goes Live

SHIB Buy and Hold Short-term Millionaires

1 billion SHIB has been permanently removed from circulation, marking another step in Shib’s deflationary strategy. This burn aligns with the launch of ShibTorch V2, an upgraded burning system designed for greater efficiency, accessibility, and community participation.

Burn Details:

•Amount Burned: 1,000,148,6765 SHIB (~$18,83952.80 at the time).

•Executed By: “Shib: Deployer 2” on Ethereum.

What’s New with ShibTorch V2?

•Direct access via Shib.io for seamless community burns.

•Integrated with Shibarium, using a portion of transaction fees for burns.

Faster burn execution with optimized BONE-to-SHIB conversion.

•Expanded multi-chain framework, broadening burn participation.

How the Burn Works

Each Shibarium transaction contributes fees to a burn contract. Once enough BONE (Shibarium’s gas token) accumulates, users can trigger a burn, automatically swapping BONE for SHIB and sending it to a dead wallet.

A Deflationary Future for SHIB

This burn is part of Shib’s long-term strategy to reduce supply and enhance sustainability. With ShibTorch V2 and Shib OS, the project is evolving beyond its origins, creating a decentralized ecosystem where every transaction helps shape SHIB’s future.

This is just the beginning—more burns, more growth, and a stronger Shib ecosystem ahead.

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