Shiba Inu

<ul><li>In 2021, Vitalik Buterin burned 410 trillion SHIB tokens, reducing supply and impacting the Shiba Inu project.</li><li>Buterin&#39;s burn of 90% of his SHIB tokens and donation of the rest highlighted cryptocurrency&#39;s philanthropic potential.</li><li>Shiba Inu&#39;s K9 Finance honors Buterin&#39;s 2021 SHIB burn with a 410 million KNINE burn on May 31, continuing the legacy.</li></ul>In May 2021, <a href="https://cryptotale.org/vitalik-buterin-supports-tornado-cash-developers-with-113k-in-ethereum/" rel="noopener noreferrer nofollow">Vitalik Buterin</a>, co-founder of Ethereum, made a groundbreaking move in the crypto world by burning 410 trillion Shiba Inu (SHIB) tokens. These tokens, valued at approximately $6.7 billion at the time, were part of a donation from the Shiba Inu project, which had transferred 50% of the total SHIB supply to Buterin. Rather than retaining or selling the tokens, Buterin decided to remove them permanently from circulation by sending them to a dead wallet, a process known as burning. This <a href="https://x.com/SHIBpossessor/status/1640385160536522752" rel="noopener noreferrer nofollow">action</a> significantly reduced the SHIB supply and demonstrated the potential for philanthropic uses of crypto.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXc9tWgdg3wg65Z0WAfzy_UD4XUcc7fly6bWhzu0KttYr-MJ6Dq80yp2ySbiT78Qg6Sx_D_s7RwgM-NBI6NR1PltwyuYP8BLaS3HsnhDKQvs4Ws1ftR9u-j1ie51nA7PMyN64yHKp_PiyfIrDgjUSyS0v681?key&#61;vGy-VTGT-Z-KChWyLu4xTw" />The latest Shiba Inu supply metrics reflect the impact of Buterin&#39;s burn and subsequent burns by the community. The total burnt from the initial supply stands at 410,726,484,240,396 SHIB, reducing the maximum total supply from its original amount. Currently, the max total supply of SHIB is 999,982,356,918,347, with a total supply of 589,273,515,759,603 SHIB. The circulating supply is recorded at 583,147,624,036,713 SHIB, and 6,125,891,722,889 SHIB are staked (xSHIB).<a href="https://cryptotale.org/shiba-inu-community-commemorates-3rd-anniversary-of-buterins-410t-shib-burn/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Shiba Inu Community Commemorates 3rd Anniversary of Buterin's 410T SHIB Burn

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