Shiba Inu's burn rate is highly volatile, frequently spiking by hundreds or thousands of percent daily based on community transactions, network activity, and major one-off burns. It relies on removing tokens from circulation to create scarcity, with over 410 trillion already burned. Check Shibburn for live data.
Purpose: Designed to reduce circulating supply, increase rarity, and potentially boost value.
Mechanism: Tokens are sent to unspendable "dead wallets".
Data Source: Real-time tracking is best done via Shibburn.
Recent Trends: Burn rates can swing wildly, with occasional massive single-day spikes of millions or billions of tokens.
Total Burned: Over 410 trillion SHIB tokens have been removed from circulation since inception.
