Shibarium’s SHIB Burn: Tracking the Token Torch Since Launch

Shiba Inu’s layer-2 solution Shibarium promised to incinerate SHIB tokens at scale—but how much has actually gone up in smoke?

The numbers don’t lie (unless they’re from a memecoin whitepaper).

While the exact figure remains undisclosed here, the burn mechanism’s impact is being watched closer than a hedge fund’s balance sheet during an audit.

One thing’s certain: in crypto, even destruction needs marketing.

SHIB: Here’s the Official Shiba Inu Burn Count on Shibarium

The Shibarium network has burned a total of 1,151,381,964 (1.15 billion) SHIB tokens by the end of May 2025. The Shiba Inu burn rate is also up 5.12% since last week indicating an uptick in sending the tokens to the dead wallet. However, on a larger telescope, the burns are meager as 1.15 billion SHIB tokens are worth only $15,500 currently.

In addition, Shiba Inu has a circulating supply of 549 trillion tokens. Removing 1 billion tokens from circulation from a pile of 549 trillion tokens is less than 1% of the burns. If it takes nearly two years for Shibarium to burn 1 billion SHIB tokens, then it could take more than 100 years to even burn 1 trillion tokens. Therefore, a comet hitting the Earth and wiping out the human race has more chances than Shibarium removing 90% of the circulating supply.

Shibarium was once considered a ‘SHIB burning mill’ that could send trillions of Shiba Inu tokens to the dead wallet. That was much before its release but the reality after launch is starkly different. No other project is capable of burning trillions of SHIB tokens and the meme currency might never become scarce. In conclusion, its price could remain stagnant in the indices forever and the 1-Cent dream might never turn into reality.