Vitalik Buterin's Shiba Inu burning address surpassed 410 trillion tokens burned on one address.

Shiba Inu's burning method is simple: transmitted assets become unavailable and are deducted from the circulating supply. If you own a business or platform that earns Shiba Inu, you can join the burning activities by sending a portion of your SHIB to one of three addresses.



One of the biggest burners on the network, Amazon seller burner, takes a percentage of sales to burn a supply.

The burning process can only partially support market assets like Shiba Inus because of supply and demand. Increasing supply won't benefit a market asset if demand is also falling.

Shiba Inu holders had no choice but to cut the supply by 50% because there were too many speculative traders on the network, which drove down the value of the token during every recovery period.

At press time, Shiba Inu is trading at $0.00000794 and hasn't reached the $0.000008 level it held throughout the month after a Dec. 15 dip to a six-month low. #SHIBAINU