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Cryptocurrencies: 9386 / Markets: 115200

Market Cap: $ 3 705 819 961 750 / 24h Vol: $ 178 263 453 314 / BTC Dominance: 59.360754192078%

Н News

How many Shiba Inu Coins are there really? Here is the REAL answer…

Shiba Inu (SHIB), a digital coin running on Ethereum’s ERC-20 system, popped onto the crypto scene in August 2020. Cooked up by a mysterious person or group called “Ryoshi,” SHIB wasn’t just another cryptocurrency. In fact, they called it an “experiment in decentralized spontaneous community building.”

This bold plan quickly grabbed the market’s eye, mainly because of its unusual coin setup and the constant buzz about its massive number of tokens.

At the time of writing, SHIB was valued at $0.00001338 after falling by over 13% on the charts in a mere matter of days. Worth pointing out though that this bout of depreciation came on the back of the memecoin’s steep uptrend. Owing to the same, SHIB hiked by over 35% in just 2 weeks.

Source: TradingView

When Shiba Inu first appeared, it had an almost unbelievable one quadrillion (that’s 1 followed by 15 zeros) tokens. This huge number wasn’t a mistake though. It was intended to make SHIB stand out right away. How Ryoshi decided to give out these tokens was just as peculiar.

A full half of all SHIB, a jaw-dropping 500 trillion coins, got sent, sparking some debate, to the public crypto wallet of Vitalik Buterin, who helped start Ethereum. The other 500 trillion were put into a special pot on Uniswap, a type of crypto exchange run by code, to let people trade SHIB for ETH from the get-go.

Ryoshi said they didn’t keep any SHIB themselves, trying to show it was all for the community. This was a point they made in their “woof paper”—their playful version of a typical crypto project plan.

Those coins given to Vitalik Buterin quickly became a big part of SHIB’s story. In May 2021, Buterin did two major things that completely changed how many SHIB coins were out there. First, he gave away over 50 trillion SHIB, worth more than $1 billion then, to India’s COVID-Crypto Relief Fund and other charities.

Not long after, in a huge moment for SHIB fans and the wider crypto world, Buterin “burned” about 90% of the SHIB he still had. That meant a stunning 410 trillion SHIB disappeared, wiping out over 40% of the original total by sending them to a “dead” wallet nobody could ever access.

Buterin mentioned he didn’t want that much power over the project, a decision many folks saw as a turning point for SHIB. This massive burn is a key piece of SHIB’s story about becoming scarcer.

Fast forward to mid-May 2025, and you’ll find about 589 trillion Shiba Inu tokens actually moving around. This number, which big crypto data sites like CoinMarketCap, CoinGecko, and Coinbase generally agree on (with tiny differences), is way down from that first quadrillion. To get why, we need to talk about burning tokens.

Think of token burning as intentionally and permanently taking coins out of play. You do this by sending tokens to a burn address – A wallet no one has the keys to, so those tokens are gone for good. The main idea is to make the coin rarer.

Basic economics says if there’s less of something, and people still want it (or want it more), its price can go up.

Besides Buterin’s epic burn, the Shiba Inu project has a few ways coins keep getting burned,

Sites like Shibburn are really important for showing everyone exactly how many SHIB tokens have been burned since the start. Shibburn’s count, as of early 2025, revealed that over 410.74 trillion SHIB tokens are now gone.

This number matches up with Buterin’s huge initial burn plus all the smaller ones that happened later.

Big data sites like CoinMarketCap and CoinGecko are go-to places for investors wanting to know how many SHIB are actually out there.

These sites update constantly as burns and other coin-related events happen, though you might see tiny differences now and then because they update on different schedules or use slightly different counting methods.

The big question buzzing around the SHIB community and crypto analysts is whether all this burning really affects the token’s price. Cutting down the supply does make it rarer, but that doesn’t automatically mean the price will shoot up. Lots of other things play a part.

When burn rates shot up in early 2025 – sometimes over 100,000% in a day, with millions or even over a billion SHIB burned – it showed how committed the community is.

But, these spikes often didn’t lead to quick, lasting price hikes. This is just more evidence of how complicated the market can be.

The Shiba Inu world is bigger than just SHIB. In fact, it has other tokens that do important jobs too.

The idea is for these tokens to all help each other, creating more uses, ways to govern the project, and reasons for people to get involved.

This, in turn, could indirectly boost demand for SHIB and make its burn efforts more effective.

While getting rid of tokens is a key part of SHIB’s plan, going overboard with it could cause some problems.

Shiba Inu’s unusual beginnings with its supply and how it’s being managed now have ripple effects in the broader market.

The fact that Ryoshi created it anonymously and Vitalik Buterin’s huge burn played such a big role are still key to understanding SHIB’s supply situation. Believing the current supply numbers means trusting the open nature of blockchain records and the ongoing work of burn-tracking sites and community efforts.

The official strategy leans heavily on burning more tokens, especially through Shibarium’s automated system. The big aim is to keep reducing the supply to make SHIB’s coin economics stronger. The lead developer, Shytoshi Kusama, and the team often say that getting more people to use Shibarium is vital for increasing the burn rate.

Bringing in new tokens like TREAT and building out the SHIB Metaverse are also part of the plan to create more uses and, by extension, help SHIB’s value.

To wrap it up, the tale of Shiba Inu’s supply is a constantly shifting story, mixing a colossal initial number of coins, a game-changing burn by a crypto bigwig, and non-stop efforts by both the community and the project’s systems to create rarity. Even though more than 41% of that first quadrillion tokens have been zapped, the task of truly changing the feeling that there’s an endless supply is still a work in progress.

Whether this whole approach works will depend on steady demand, genuine usefulness within its growing family of products, and what the rest of the crypto market is doing, making SHIB’s coin strategy a fascinating real-time experiment in the world of digital money.

Source

Н News

How many Shiba Inu Coins are there really? Here is the REAL answer…

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