How Much Shiba Inu Coin is in Circulation? Unpacking the Numbers

The ⁣circulation of Shiba inu ‍Coin (SHIB) reflects a vibrant community and an evolving market landscape. As ⁣of the latest data,⁣ the ⁤total ‌supply of Shiba inu Coin is a ‌staggering⁣ 1 quadrillion coins. however, not all ‍of these coins ⁣are in circulation.In practice, ‌a notable portion has ⁣been locked or⁢ removed ⁣from circulation ‍through various mechanisms, making it essential to examine ‌the actual ‌supply impacting market transactions. Currently, the circulating‍ supply is closer to ⁣ over 550 trillion coins, ⁤a figure⁤ that fluctuates based⁢ on investor activity and ‌market⁤ trends.

To further understand‍ the distribution, consider the ‍following points‍ regarding Shiba Inu Coin’s circulation and project fundamentals:

  • Community Driven: ⁤ Much of ‌the SHIB ​supply is held by individual investors and enthusiasts.
  • Burn ‌Mechanisms: The project incorporates periodic⁤ burns ​to reduce total supply, enhancing scarcity.
  • Liquidity⁢ Pools: A portion of the supply is locked in decentralized exchanges for liquidity, fostering stability.
Factor Details
total Supply 1 Quadrillion Coins
Current‍ Circulation Over 550 Trillion Coins
Percentage Burned Approximately 41%
Coinstype
453