Around 41% of shiba inu's total supply is burned

AP Photo/Shizuo Kambayashi
About 41% of shiba inu's total supply is burned - meaning those coins are no longer in circulation.
Shiba inu is an ethereum-based alternative to dogecoin founded in August 2020.
It has a total market valuation of nearly $37 billion and has become the 10th-largest cryptoasset.
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