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Popular Shiburn tracking service that monitors daily and weekly SHIB burn transactions She then shared the details on her website and social media platform More than twenty billion of them were destroyed in virtual flames.
44.6 billion gold shekels in 2024
Shepburn revealed that in 2024, the cumulative efforts of the SHIB community and the Shiba Inu developer team allowed 44,623,604,014 SHIBs to be destroyed in total. This equates to just under $1 million – $928,170.
However, judging by the comments, the SHIB community was not impressed. Comments like this appeared in the thread: “Should next year be at least double? 89,247,208,028. Maybe triple? 133,870,812,042. Now that would be fire!” “If I burned one ton for a year, it would take 550 years...” “No "It's even close to a drop in the bucket."
That year, the SHIB team implemented several important upgrades, including first testing and then launching an automated SHIB burning mechanism that runs over the Layer-2 Shibarium network thanks to transaction fees, which are converted from BONE to SHIB and then automatically burned. The SHIB team admitted that every month they remove approximately 300,000 SHIB meme coins from circulating supply.
Several billion SHIB have been burned by founders of other meme coins who have pledged to help accelerate SHIB burns in 2024. As for last month, according to the aforementioned data source, an impressive amount of 2,679,767,542 SHIB were transferred to unspendable blockchain wallets . It took 143 transactions to achieve this milestone in December.
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Chitoshi Kusama promises an "epic" 2025
Earlier this week, the mysterious leader of Team SHIB was identified as Chitoshi Kusama announced Launching his own podcast, which will consist of 44 episodes. In it, Kusama said that he would "speak from the heart and explain something very important," and also talk about all the technologies SHIB has built so far and reveal the functionality of the upcoming TREAT token.
He tweeted that 2025 is going to be epic, also because of the launch of the podcast. “It's time to stop being shy,” Chitoshi Kusama said of the upcoming podcast launch. These tweets by Kusama came after the release of the long-awaited SHIB Metaverse.
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