What is the issuance and circulation volume of Shiba Inu Coin?

Shiba Inu Coin's initial supply of 1 quadrillion tokens has been reduced by burning to 589 trillion, with a current circulating supply of approximately 179.7 trillion tokens as of February 2023.

Oct 09, 2024 at 04:59 am

1. Issuance of Shiba Inu Coin

Initial issuance: 1 quadrillion tokens
Current issuance: 589 trillion tokens (as of February 2023)

2. Circulation of Shiba Inu Coin

Burned tokens: 410.3 trillion tokens
Remaining circulation: 179.7 trillion tokens

Issuance History

Shiba Inu Coin was launched in August 2020, with a total supply of 1 quadrillion tokens.
In May 2021, 50% of the total supply was sent to the Ethereum founder, Vitalik Buterin, who donated a significant portion to charities and burned the rest.
This burn reduced the total supply of Shiba Inu Coin from 1 quadrillion to 589 trillion tokens.

Circulation and Burning

The current circulating supply of Shiba Inu Coin is approximately 179.7 trillion tokens.
Since its launch, 410.3 trillion tokens have been burned through various mechanisms, including voluntary burns from the community and token burns by exchanges.
Ongoing burns continue to reduce the circulating supply, potentially increasing the value of remaining tokens.

Note: Issuance and circulation volumes may change over time due to burns and other events. The provided information reflects the status as of February 2023.

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