Does Shiba Inu burn coins?

Despite the launch of the burn portal, it is noteworthy that there are currently no scheduled Shiba Inu coin burns. This lack of scheduled burns leaves the amount of coins destroyed within a given month subject to variation.

The Shiba Inu community has exhibited a keen interest in the process of SHIB burning since its inception.

On April 23, 2022, a significant milestone was achieved as the developers of Shiba Inu unveiled the Shib burn portal. This portal represents a key step towards the eventual reduction of the circulating supply of Shiba Inu coins.

The decision to leave the frequency and volume of burns variable reflects a flexibility in approach. It allows the community and developers to adapt based on market conditions and the overall health of the Shiba Inu ecosystem.

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