ShibTorch burn portal paused, 69.32 billion SHIB burned so far

A new discussion on X regarding Shiba Inu’s token-burning mechanism emerged after SHIB community member Ed Salomons noted that ShibTorch’s page on the official Shiba Inu website was displaying a “failed to load burn” notification. The section meant to show the total accumulated SHIB for burning also appeared empty, causing confusion among community members. Salomons highlighted that ShibTorch, a Shibarium-based project focused on reducing SHIB supply, was “loading, constantly updating,” and restated that its design aims for every transaction to burn SHIB tokens.

Source: CoinTurk News