Shiba Inu Burn Pace Would Take 714 Years to Reach 1% of Supply

Shiba Inu (SHIB) burn activity totaled 673,379,117 tokens over a rolling 30-day period in a Friday, Oct. 23 snapshot, a pace that would take about 714 years to equal 1% of listed circulating supply if it remained constant.

The snapshot, checked at 11:12 a.m. ET (15:12 UTC), listed circulating supply at 585,488,561,775,489 SHIB. One percent of that amount is 5,854,885,617,755 SHIB. The 30-day tally averaged 22,445,971 SHIB per day, putting the calculation at about 260,844 days, or 714.15 years.

That estimate holds the listed supply and burn pace constant; it is a calculation, not a forecast. The same snapshot showed 2,472,769 SHIB burned over 24 hours and 67,240,450 over seven days.

Cumulative burns stood at 410,845,024,873,680 SHIB, or 41.08% of the initial supply of one quadrillion tokens. Total supply was listed at 589,154,975,126,320 SHIB.