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Benzinga
Benzinga
Business
Samyuktha Sriram

263 Billion Shiba Inu Burned Since October 2021: This New Feature Could Speed Up Token Burns

SHIB Shiba Inu

The rate at which Shiba Inu (CRYPTO: SHIB) tokens are burned has sped up drastically over the last few months.

What Happened: According to an update from Bigger Entertainment CEO Steven Cooper, 263 billion SHIB tokens worth $6.3 million have been sent to the burn wallet and removed from circulation since October 2021.

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