Questions tagged [shibarium]

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Tommaso Tommaso Mon Jul 15 2024 | 5 answers 860

How many Shiba Inu coins did shibarium burn in 2023?

Could you please elaborate on the extent to which the Shiba Inu coin underwent a "burn" process in 2023, specifically within the context of the Shibarium ecosystem? I'm curious to understand the quantitative impact this had on the overall supply and potentially, the market dynamics surrounding the Shiba Inu token. The concept of coin burning is often associated with reducing the total supply, thus potentially increasing the value of the remaining coins. How significant was this burn in terms of its percentage of the total supply?

How many Shiba Inu coins did shibarium burn in 2023?

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