Cryptocurrency Q&A How fast can shiba burn trillions?

How fast can shiba burn trillions?

Margherita Margherita Thu Dec 05 2024 | 5 answers 965
I'm curious about the burning speed of Shiba. Specifically, I want to know how quickly it can burn through trillions of tokens. How fast can shiba burn trillions?

5 answers

BitcoinBaroness BitcoinBaroness Sat Dec 07 2024
A proposal suggests burning 1% of Shibarium's monthly trading volume, which translates to 1.85 trillion SHIB tokens burned per month.

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Dario Dario Sat Dec 07 2024
Shiba Inu's layer-2 solution, Shibarium, is expected to generate significant trading activity.

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BlockchainLegendary BlockchainLegendary Sat Dec 07 2024
In just one month, the trading volume on Shibarium could reach approximately 185 trillion SHIB tokens.

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ZenHarmony ZenHarmony Fri Dec 06 2024
On an annual basis, this burning rate could lead to the destruction of 22.2 trillion SHIB tokens.

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BlockchainEmpiress BlockchainEmpiress Fri Dec 06 2024
Besides Shibarium's contribution, there are two other scenarios that contribute to the burning of SHIB tokens.

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