Crypto Times Logo Black
Google News Follow Banner
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • DeFi News
    • Blockchain News
    • Industry
  • Exclusive
  • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Podcasts
  • More
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
The Crypto TimesThe Crypto Times
  • All News
  • Market
  • Bitcoin
  • Ethereum
  • Altcoins
  • Regulations & Policies
  • Blockchain
  • DeFi
  • Industry
  • Exclusive
  • Opinion
Search
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Blockchain
    • DeFi
    • Industry
    • Exclusive
    • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Quick Links
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • AI Policy
    • Sponsored & Advertorial Policy
  • Podcasts
Follow US
© 2026 By Crypto Times. All Rights Reserved.
Market News

Shytoshi Kusama Declares Massive Token Burn ‘Not Impossible’

Written By:
Iyiola Adrian

Last updated: December 23, 2023 12:28 PM
Published December 23, 2023 12:28 PM
Share
Last updated: December 23, 2023 12:28 PM
Published December 23, 2023 12:28 PM
Shiba Inu Introduces ‘SHIB: The Metaverse’

In a recent tweet, Shytoshi Kusama, the mysterious leader of the Shiba Inu development team, expressed that bringing Shiba Inu’s current circulating supply to 0.1% of its size is a vision that can materialize.

Burn 99.9% Shy. Oh yeah, that’s impossible. Shiba is trash.

— Boomer Sooner (@BoomerCrypto37) December 21, 2023

This bold declaration comes amid an exchange with a Shiba Inu critic. The context was Shibarium’s soaring positive metrics, with transactions reaching 150 million. 

Amid the milestone, the critic jokingly asked Kusama to burn 99.9% of SHIB tokens from Shibarium fees. The critic dismissed this as impossible, calling Shiba Inu trash.

However, Kusama argued that nothing is impossible, saying “We push forward.” With SHIB’s supply at 580 trillion, burning 99.9% would leave 580 billion tokens – still substantial.

Shiba Inu community members welcomed the idea, noting it just takes patience. Raul Valadez-Rayas said patiently waiting to see trillions of SHIB burned would make the community happy.

The Shiba Inu team has already burned over 33 billion SHIB tokens this month across two transactions. This aligns with their efforts to routinely burn tokens from Shibarium fees.

🔥 4th $SHIB Burn Alert! 🔥

Enjoy these #Shibarium flames. pic.twitter.com/jlYSlhl9hG

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) December 22, 2023

Also Read: Shiba Inu Memecoin Launches ‘.shib’ Web3 Domains For Users

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

Follow The Crypto Times on Google News to Stay Updated!      Google News
Google News Banner

Share This Article
Whatsapp Whatsapp LinkedIn Telegram Copy Link
Iyiola - Crypto Journalist at The Crypto Times
By Iyiola Adrian
Follow:
Iyiola is an experienced crypto writer specializing in simplifying complex blockchain and cryptocurrency topics for a broad audience. With expertise in ICOs, DeFi, NFTs, and regulatory updates, he offers valuable insights to help readers make informed decisions.

Latest News

Tether Breaks Mining Rig Model With Modular Compute Systems
Tether Breaks Mining Rig Model With Modular Compute Systems
Elon Musk vs. Sam Altman: The Battle for the Soul of AI and the "Scam" of Worldcoin
Elon Musk vs. Sam Altman: The Battle for the Soul of AI and the “Scam” of Worldcoin
Startale Partners With Sunnyside Labs to Add Privacy Layer to Soneium
Startale Partners With Sunnyside Labs to Add Privacy Layer to Soneium
WTIOIL Climbs to Second Spot on Hyperliquid Amid Global Oil Volatility
WTIOIL Climbs to Second Spot on Hyperliquid Amid Global Oil Volatility
Ondo and Broadridge Launch Onchain Voting for Tokenized Stocks
Ondo and Broadridge Launch Onchain Voting for Tokenized Stocks

Find Us on Socials

You may also like

Jack Dorsey’s Block Discloses $2.2B Bitcoin Holdings, Sparks Transparency Debate

Jack Dorsey’s Block Discloses $2.2B Bitcoin Holdings, Sparks Transparency Debate

India's MHA Issues Advisory on Trust Wallet Drainer Scams

India’s MHA Issues Advisory on Trust Wallet Drainer Scams, Names Fake Verification Domains

Israel Approves First Shekel-Pegged Stablecoin After Two-Year Pilot

Israel Approves First Shekel-Pegged Stablecoin After Two-Year Pilot

On-Chain Data Ethereum Foundation Holdings Could Reach Zero by 2027

On-Chain Data: Ethereum Foundation Holdings Could Reach Zero by 2027

The Crypto Times Logo PNG

Providing real-time, accurate Crypto reporting. Your trusted source for Crypto News and Research.

Stay Updated

All News
Exclusive
Opinions
Learn
Podcasts

Company

About Us
Our Authors
Editorial Policy
AI Policy
Advertorial Policy

Get In Touch

Contact Us
Career

Find Us on Socials

X-twitter Linkedin Telegram Youtube Instagram

© 2026 The Crypto Times | A BITROCK TECHNOLOGIES L.L.C. Company.

DMCA.com Protection Status
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Cookie policy
Do Not Sell or Share My Personal Information