The journey of Shiba Inu coins (SHIB) begins with an astounding supply that captures the attention of investors worldwide. The total supply of SHIB coins is a staggering 1 quadrillion tokens.This overwhelming figure is the foundation for shiba Inu’s ecosystem, designed to create a unique experience for crypto enthusiasts. Shiba Inu was initially launched as a playful meme coin but quickly transformed into a meaningful player in the DeFi space, gaining traction through its vibrant community and evolving use cases. Here’s a fast look at the breakdown of its supply distribution:
- Initial Supply: 1 trillion tokens were locked in Uniswap.
- Burned Coins: Approximately 410 trillion SHIB were sent to a dead wallet.
- community token: The remaining supply is intended for community use, staking, and various DeFi applications.
Determining the circulating supply of SHIB is equally captivating. Currently, the circulating supply is around 550 trillion tokens. These coins are utilized as a means of exchange and distributed among holders, who play an essential role in the token’s liquidity and overall market dynamics. With ongoing developments in the Shiba Inu ecosystem,such as the introduction of ShibaSwap,the management of SHIB’s supply and distribution becomes integral to its value proposition. Below is a summary of the current state of Shiba Inu’s supply:
| Supply Aspect | Details |
|---|---|
| Total Supply | 1 Quadrillion SHIB |
| Circulating Supply | ~550 Trillion SHIB |
| Burned Tokens | ~410 Trillion SHIB |
