More than 119 million Shiba Inu tokens burned in last 24 hours

SHIB burn rate up by 466% as 119 million tokens burned in 24 hours.More than 119 million Shiba Inu tokens have been burned over the last 24 hours.This has resulted in SHIB burn rate going up by 465.82%. With more than 410 trillion Shiba Inu tokens burned from the initial supply so far, the coin’s current circulating supply stands at around 557 trillion.

According to the SHIBA INU website, SHIB is the “DOGECOIN KILLER” and is listed on their own ShibaSwap, a DEX, Shiba Inu coin was created anonymously in August 2020 under the pseudonym “Ryoshi.”