Over 410 trillion SHIB tokens worth $5 billion have been burned so far

In the past week, over 42 million units of the SHIBA INU (SHIB) meme tokens have been sent to dead wallets, consequently burning the coins, according to the burn tracking website, Shibburn. In the last 24 hours alone, nearly ten million SHIB coins were burned.

Currently, the total exterminated SHIB stands at over 410 trillion tokens, worth nearly $5 billion. Nonetheless, SHIBA INU’s circulating supply exceeds 549 trillion units, with a market cap of over $6.7 billion.