More than eight billion $SHIB tokens have been burned within 24 hours
Ryoshi, the token’s pseudonymous creator, gifted half of the supply to Vitalik Buterin, the co-founder of Ethereum. Within the same month,Presently, there are 549 trillion SHIB tokens in circulation.
After a significant correction, SHIB penetrated mainstream consciousness in October because of its blistering price rally. Despite the community’s efforts to burn the token, its price remains under pressure. It is down 73.59% from its October high, currently trading at $0.00002262 on major spot exchanges.
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