Shiba Inu vs. Bitcoin: Which Is More Likely to Be a Millionaire-Maker?
Yahoo Finance·2026-01-14 22:33
Like other L2 networks, Shibarium can be used to bundle together transactions and process them off-chain at a faster rate than Ethereum's L1 blockchain. Its holders can also "burn" their own tokens to reduce the total circulating supply, which currently sits at 589.5 trillion tokens. However, most of those tokens were burned by Vitalik Buterin, the co-founder of Ethereum, who was gifted over 500 trillion SHIB tokens from Shiba Inu's development team in 2020.Shiba Inu can't be mined like Bitcoin. Its entire ...