How many Shiba coins are in circulation?

SHIB fans continue to push big sums of Shiba Inu meme crypto tokens from circulation using the technology of so-called “token burns.” Since the beginning of last week, a total of around 2.2 billion SHIB have been incinerated.

To get the burn started, almost 400 Trillion coins were burned at one time. Looking through the daily burn, right now it looks like only several million a day. Today, US$1,000 equals around 30 million SHIB. So on a daily rate, currently the burns are only totaling a couple thousand dollars .

Shiba Inu trades for such a small fraction of a penny because its supply is so large. There’s currently a supply of 549 trillion SHIB tokens in circulation, giving it a market cap of around $11 billion.