Over 37 million SHIB tokens burned in last 24 hours
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As of this publication, around 410.7 trillion tokens have been burned from the initial circulation supply of the coin. Notably, the current supply of the meme coin is 583.3 trillion tokens. This continuous burning of Shiba Inu coins is a highly bullish move for a number of reasons.Bitcoin to $70,000 Imminent? Solana to Pump Ethereum: Here's How, Cardano Bounces Around $0.3, But for How Long?has a limited supply of 21 million coins.
While Shiba Inu has a very high supply, the constant burning of these tokens can also leave a positive impact on its price. It may not be as good as Bitcoin, but it can still make SHIB one of the deflationary cryptocurrencies on the market., Shiba Inu is currently trading at $0.00001776, down 4.83% in the last 24 hours. The market cap of the While the latest surge in the burn rate has not helped the SHIB price, it is expected that it will leave a positive impact in the long-term. Sending 37.
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