Shiba Inu Celebrates Buterin’s Epic 410 Trillion SHIB Burn

The post Shiba Inu Celebrates Buterin’s Epic 410 Trillion SHIB Burn appeared first on Coinpedia Fintech News

The Shiba Inu community is celebrating a significant milestone marking the third anniversary of Vitalik Buterin’s historic burn of 410 trillion SHIB tokens worth $6.7B in May 2021. The event marked a pivotal moment in the cryptocurrency’s history which had significantly lowered its total supply. The donation was a part of the donation made to Buterin by the Shiba Inu project which had sent him 50% of the total SHIB supply. Buterin chose to burn 410 trillion SHIB, removing them permanently from circulation and the remaining 10% of the SHIB tokens were donated for charity purposes.