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SHIB The destruction of Shiba Inu coins intensifies: 6.75 million coins were destroyed in 24 hours, and the destruction rate soared by 140%
In the past 24 hours, the deflation of Shiba Inu coins has further intensified, with a total of 6.75 million coins sent to the destruction address. This action caused the daily destruction rate to soar by 140% from the previous day, underscoring the community's continued commitment to reducing the supply of SHIB in circulation.
Destruction Milestones and Supply Reduction
Since its launch, Shiba Inu Coin has permanently destroyed 410,840,395,512,922 tokens by sending them to empty addresses that are not available. This continued execution strategy has resulted in the permanent removal of 41.08% of SHIB's original 1000 trillion token supply from circulation. Currently, 58.92% of the initial supply still exists, which fully reflects the significant impact of these regular token destruction operations.
Total destruction: 410.84 trillion SHIBs
Destruction ratio: 41.08%
Current supply: 58.92% of the initial supply
The destruction rate of SHIBs has remained stable, and the cumulative destruction transactions have exceeded 21,000. Data shows that members of the Shiba Inu Coin community continue to promote supply reduction through a decentralized mechanism, and a total of 21,193 destruction transactions have been completed.
Short-term destruction data and price trends
In the past seven days, the SHIB community has removed a total of 43.75 million tokens from circulation, while the total destroyed in 30 days has reached 267.58 million. Although supply continued to decrease, price performance showed only slight fluctuations. In the past 24 hours, SHIB rose slightly 0.96% to US$0.0000417, but the weekly line still fell 4.87%.
Amount destroyed at each stage:
Last 24 hours: 6.75 million
Last 7 days: 43.75 million
Last 30 days: 267.58 million
More than 410 trillion SHIBs have been sent to the destruction address, that is, 41.08% of the initial supply has been permanently removed, and the community has completed more than 21,000 destruction transactions.
Macroeconomic factors and regulatory developments
The recent price fluctuations of Shiba Inu are affected by long and short signals from overall economic data. The latest U.S. producer price index and consumer price index readings were lower than expected, while jobless claims for the week ending July 11 were 208,000, lower than forecasts. The University of Michigan's latest consumer confidence index rose to 54.4, surpassing the Dow Jones Consensus forecast of 50.5.
Japan implemented major amendments to the Financial Commodity Exchange Act (FIEA) on July 15, 2026. Updated legislation distinguishes cryptocurrencies such as Bitcoin and Ethereum from securities and classifies them as investment products. The revision aims to strengthen investor protection while promoting deeper participation by banks, securities companies, asset management companies and institutional investors in the Japanese cryptocurrency market.
Shiba Inu Coin has been included in Japan's JVCEA Green List, a status that simplifies its listing process on regulated domestic platforms. With this regulatory update, SHIB is expected to gain better access conditions and higher market visibility in Japan's growing digital asset landscape.
Small Dictionary: JVCEA Green List-A registration list maintained by the Japan Virtual and Crypto Assets Exchange Association that contains cryptocurrencies approved for listing on domestic exchanges, helping to achieve more convenient compliance and online processes in the Japanese market.
