Tag: Shiba Inu

Shiba Inu Burn Activity Slows as Market Weakness Weighs on SHIB

CRYPTO WORLD
Shiba Inu (SHIB) Has 500 Billion Left Until Historic Threshold Is Broken

Shiba Inu’s daily burn rate plunged 74% over the past 24 hours as only 2.69 million SHIB tokens were permanently removed from circulation, according to data from Shibburn. The burned tokens were worth roughly $13 at current prices, highlighting a significant slowdown in community burn activity. The latest data mark a notable decline from levels recorded earlier this week, with Shibburn data showing that 8.79 million SHIB tokens were burned on June 20, making the latest daily total considerably lower. Moreover, the slowdown extends beyond a single day and reflects…

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Shiba Inu Top Developer Breaks Silence on LEASH Supply Boom

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Shiba Inu Top Developer Breaks Silence on LEASH Supply Boom

Kaal Dhairya, Shiba Inu’s (SHIB) top developer, has provided clarity on the surprise and controversial change in LEASH’s token supply. In an update shared on X, Dhairya explained how LEASH’s total supply increased by approximately 10%. Notably, LEASH supply increased after an additional 10,765 new tokens were created on the platform on Aug. 11, 2025. This marked a significant development given that, for many years, community members believed in a fixed supply. The project had also claimed that it disabled rebasing. For clarity, rebasing means automatically adjusting the token supply…

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