Is Shiba Inu on a path to reducing its massive supply? Recent headlines are buzzing about Shiba Inu burning 1 billion tokens. But how impactful is this really, and how many years would it take to remove 99% of the Shiba Inu supply at this rate?

It's a question many SHIB enthusiasts are asking. Let's delve into the numbers to understand the long-term implications of these burns. Hace 1 día 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 helps to put the scale into perspective.

While burning tokens is seen as a positive move, it's important to understand the magnitude of the circulating supply. To remove a significant portion, the burn rate needs to be drastically increased.

So, what's the estimated timeline? The reality is quite sobering. In total, burning 1 billion SHIB daily for 547,500 days adds up to 1,500 years. So, if Shiba Inu burns 1 billion tokens daily, it could take 1,500 years to remove 99% of its circulating supply. This highlights the challenge of significantly reducing the supply at the current burn rate.

Keep in mind that these are just calculations based on a consistent daily burn of 1 billion tokens. Future burn mechanisms and community initiatives could potentially accelerate this process. However, as it stands, achieving a 99% reduction is a very long-term goal, requiring a significantly ramped-up and sustained burning strategy.

Stay informed about the latest Shiba Inu news and developments to track any changes in the burn rate and potential impact on the token's supply and value.