The Shiba Inu community achieved a big goal in burning tokens on May 31, 2025. The ShibTorch system which burns SHIB tokens, acknowledged burning a total of 1,172,072,308 SHIB. This number reflects a 5.62% increase compared to the previous week. Shiba Inu Army Drives Token Scarcity The ShibTorch portal also shared details of recent burns over the past few days. On May 31 at 6:01 UTC, 20,579,943 SHIB tokens were burned. On May 28 at 20:44 UTC, 13,091,149 tokens were removed. A day earlier, on May 27 at 5:30 UTC, 14,374,042 tokens vanished. These actions are part of the community’s plan to decrease the total number of SHIB tokens available. The point of burning Shiba Inu tokens is to lower the supply which can boost its worth. The recent burns show how active the community is in supporting this goal. Their participation in ShibTorch reveals that the SHIB Army cares… Read More at Coingape.com
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