The Shiba Inu Group reached an important target on 31 May 2025 and announced that 1,172,072,308 Shıb Token completed the burning of Shib Token. This amount, which is removed from the circulation, represents a 5.62 %increase in the burning rate compared to the previous week. Completed by the community, this last move is part of Shiba Inu’s strategy to reduce the total supply of the total supply. And of course, for the remarkable consequences, it needs to continue at the same speed for decades.
Shiba coin burns
According to a statement by the Shibtorch system, significant amounts of token was removed from the circulation in different time periods in the last week. Especially on May 31 at 06: 01, 20.579.943 SHIB Token was burned on May 28 at 20:14 and 13,091,149 token. In addition, 27 May 05:30 was burned 14,374.042 token.
These transactions reveal the determination of the community to actively reduce the total supply of the Shıb Token. Community members regularly support burning processes in order to contribute to this process in the Shıb ecosystem.
The Shiba Inu community is acting with the belief that token burns can have a positive impact on the price. The Shibtorch Portal states that it keeps the motivation of community members high by sharing the details of the latest burning operations.
In the statement made by the community, the following statements were given:
“Thanks to the effective participation and support of the community, Shıb burning process continues to progress steadily.”
The community, which reduces the amount of token in circulating with burning operations, envisages a potential value increase in supply-demand balance. Experts say that such burning processes may be positively reflected in the token value in the long term.
Objectives of Token Burning
The main purpose of the burning procedures is to reduce the total supply of Shıb Token in the market. The community members are united in the opinion that token’s value may increase if this policy continues in practice. Although a significant amount of supply has been removed from the circulation for a long time with various burning models, the intense use of the Shibarium network seems to be the only remedy for the shiba coin.
It is not possible for the current burning speed to achieve imagined goals like $ 1. As long as there are millions and billions of token in the wallets of investors, such prices will remain as a dream.
Shıb Token burns are considered as a process that can set an example within the scope of supply reduction methods in the digital money market. The stable activities of the community in this direction continue to be a model that is followed for similar digital asset projects. The Shiba Inu community is conducting a carefully monitored process by both token owners and digital economic followers, and new burning steps are planned to be planned.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
