#shibburn #ShibaFiyatAnalizleri #ShibaInu In a series of studies to reduce the high supply of Shiba that has been in circulation for a long time, it has not been possible to reduce the supply with manual burning processes carried out so far. Although it was stated that incinerations would increase with Shibarium, incineration rates could not be brought to the desired levels.

While $SHIB is a beach, daily burning does not manage to go further than a grain of sand.

SHIBA Launches Automatic Incineration System

With the latest announcement made by the Shiba team, the work to reduce the supply of Shiba coin in the market has reached its final stages. In this sense, the system developed for the automatic burning mechanism started to be tested on the test network.

With the burning system, which will soon complete its testing, it seems that manual burning rates and high supply, which are important problems for shiba, will be gradually reduced and become more valuable.

Details about the testing procedures were shared in the 11th issue of SHIBA magazine, where the team shared the developments about $SHIB. You can find detailed information via the link below.

https://news.shib.io/article/65af39bc316e3f0001a9cb5d

According to the statement, the autoburn initiative is a transformative feature that aims to play a significant role in strengthening the economic model of the network. This effort will strategically reduce the $SHIB token supply and potentially increase the value of the Shiba Inu.

What Level Are Manual Combustion Rates?

So far, Shiba Inu has managed to completely destroy a total of 476,000 USDT of Shiba Inu tokens with manual burning systems. While there has been a 26% increase in manual burning rates in the last 24 hours, 14,185,112 $Shib tokens have been manually deleted from the market. 581,251,992,356,678 shibas are still in circulation.