- The SHIB burnt in the last 24 hrs is 40 billion, in the last 13 transactions.
- The maximum supply of SHIB is 999 trillion, and the burn count is 410 trillion.
According to the data from SHIBBURN, the official website for the Shiba Inu token (SHIB) burn mechanism records over 40 billion SHIB burned in the last 24 hrs. The burn rate is calculated to be -48.32%, in the later 13 transactions.
At most 12,899,741 SHIB was burnt at the start of the day and the lowest SHIB burnt was 250 K at 9.00 PM on July 11, in the last 24 hours. The total SHIB tokens burnt to date is 410 trillion and the maximum supply of the token is 999 trillion.
The burn is usually calculated using three parameters namely, two dead wallets and a Genesis address which is referred to as the black hole.
New Update in Shiba Inu Ecosystem
On July 8th, Robinhood updated a list of a few cryptos that can be directly transferred from their app. SHIB is one on that list. The qualified users who can access web wallets are free to use this new update.
The current price of SHIB as per CMC is $0.00001021, with a market cap of $5 billion. The circulating supply of SHIB is 549,063.28B SHIB, and the global rank of the meme coin is 14.
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