#Shiba #Shibainu #Tokens #Burn

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Shiba Inu (SHIB) has conducted token burns in the past. Token burns are events where a portion of a crypto-currency's supply is permanently removed from circulation, typically to reduce the total supply and potentially increase the value of the remaining tokens.

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#Date:

Shiba Inu (SHIB) conducted its first token burn on November 13, 2021, where 410 Trillion SHIB tokens were burned. This burn was aimed at reducing the total supply of SHIB and increasing its scarcity.

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Before Burn: 999.59T

After Burn : 589.59T

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( The Burnt Token that happened with $SHIB it may happens with $PEPE and $BONK next period ).

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#Remark:

It's important to note that token burns alone do not guarantee an increase in value, as the value of a cryptocurrency is influenced by various factors beyond just the supply.

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