Then 150 million Shiba Inu tokens were burned, where will this cycle stop?

The process of sending the popular ‘Shiba Inu’ in the form of Mime cryptocurrency to the debt wallet continues. Billions of Shiba Inu coins have been burned so far. All this is being done in view of the increase in the prices of this cryptocurrency in the future. According to reports, the objective with which the Shiba Inu token is being burnt is still a long way off. The coin’s developer, Shiba Shiotoshi Kusama, has said that a “true community effort” is needed for a large-scale Shiba Inu burn. This is the reason why another 150 million SHIB tokens have been burned in the last few days.

Dead wallets are wallets that are not in use. The tokens contained in them cannot be sent or withdrawn to any other wallet. After being sent to these wallets, the tokens go out of circulation and the total supply of tokens decreases. The Shiba Inu team has launched a new burning portal. The aim is to burn as many tokens as possible and get them out of circulation.

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