SHIB · no mint, a slow burn, a supply that sits still.
SHIB is an Ethereum meme token — ~589.24T circulating, with no mint function, so the supply can only shrink and never grow.
Sell pressure. Zero. There is no minting and no vesting — not one new SHIB enters the market.
Buy pressure. A fee burn removes about 450M SHIB over 90 days — real, but a rounding error against 589 trillion.
Net. Roughly flat — the burn nudges supply down a hair, but the float barely moves.
SHIB is an Ethereum token with no mint function — its launch supply can only shrink, never grow. No new SHIB has ever been created since 2020.
There is no vesting schedule. The entire supply was distributed at launch through open liquidity — no team, seed or investor cliff reaches the market.
No public evidence of a discretionary treasury release in the window — monitored. The project kept no insider allocation; the founder's half was burned in 2021.
No bankruptcy estate or court-ordered distribution applies to SHIB.
There is no protocol buyback contract spending revenue to repurchase SHIB.
A small share of network and trading fees is converted to SHIB and sent to the dead address — about 255M coins over the last 30 days, roughly 450M over 90 days. That is removed permanently, but it is a tiny sliver of a 589-trillion supply, so it barely moves the float.
No discretionary open-market buying by the project — monitored.
No new multi-year lock or escrow announced in the window — monitored.
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