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  • Market Cap: $2.751T 1.480%
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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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