Shiba Inu Countdown: 410,752,071,267,334 SHIB in Five Years
Main Idea
Shiba Inu (SHIB) celebrates its fifth anniversary, highlighting significant token burns, market milestones, and ecosystem developments since its launch in 2020.
Key Points
1. Shiba Inu launched on Aug. 1, 2020, with an initial supply of 1 quadrillion tokens; 410,752,071,267,334 SHIB (over 41%) have been burned to date.
2. Vitalik Buterin burned 410 trillion SHIB and donated 50 trillion SHIB (worth $1.2 billion at the time) in 2021, marking a major charitable act in crypto history.
3. SHIB's price surged approximately 150,000× by October 2021, reaching an all-time high of $0.000088 and temporarily surpassing Dogecoin's market value.
4. Key ecosystem developments include ShibaSwap (DEX), Shiba Eternity (mobile game), and Shibarium (Layer-2 blockchain), alongside listings on major platforms like Binance, Coinbase, and Robinhood.
5. Recent data shows a 1,720% surge in weekly SHIB burn rate, with 629,718,781 SHIB burned in seven days, continuing its deflationary trend.
Description
Shiba Inu marks five years in market
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