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Already 263 billion Shiba Inu (SHIB) burned since October

 


Bigger Entertainment CEO Steven Cooper tweeted that 263.4 billion SHIB tokens have already been burned since October last year. Shiba Inu (SHIB) is currently trading at $0.00002481. Accordingly, the equivalent value of the burned tokens is currently over 6.5 million US dollars.

Meanwhile, efforts by the Shiba Inu community to burn tokens are growing. There are even downright "burning events" where a large amount of tokens are burned.

The digital burn is intended to reduce the total amount of tokens to create deflationary effects.

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