SHIB, originally with a supply of 1 quadrillion tokens, saw a significant reduction when its creator "Ryoshi" sent half to Ethereum co-founder Vitalik Buterin, who burned 90% and donated the rest to charity.
Despite no current burn or halving mechanism, SHIB has experienced wild price swings, especially in 2021.
It soared 1,953% in May before cooling off, then skyrocketed again in October, peaking at an all-time high of $0.000089.
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