The Shiba Inu community remains focused on the token burning process, with recent data showing a significant reduction in total tokens. Integration with Chainlink also opens new avenues for users and developers.
Total Supply of Shiba Inu Tokens
At its peak, Shiba Inu had a total supply of 1 quadrillion tokens. Through the burning process, 410,752,194,452,269 tokens have been removed, leaving 589,247,805,547,730 SHIB currently circulating.
Integration with Chainlink and Token Burning
Shiba Inu developer Kaal Dhairya stated that the Chainlink version of Shib allows for burning tokens on Ethereum with every transaction. This version has been developed in collaboration with the Chainlink team and is audited.
Community Call for Development on Shiba Inu
Dhairya emphasized that the integration allows other developers to build their projects using Shiba Inu, encouraging builders to give back to the ecosystem if they are seriously interested in creating on the platform.
In summary, Shiba Inu continues to actively burn tokens, which helps to reduce their available supply, while integration with Chainlink paves the way for ecosystem expansion and attracting developers.
