Introduction
Cryptocurrency burn mechanisms play a pivotal role in managing token supply and enhancing scarcity. This guide provides real-time tracking of burned assets like Shiba Inu (SHIB) and Enjin Coin (ENJ), analyzing their impact on market dynamics.
👉 Explore the latest burn stats for top cryptocurrencies
Shiba Inu (SHIB) Burn Analysis
Key Metrics
- Total Burned: 410,479,626,630,590 SHIB
- Percentage Burned: 41.05%
- Available Supply: 589,520,373,369,411 SHIB
Recent Burn Transactions (Top 10)
| Transaction Hash | Burned Amount | Burn Wallet | Timestamp |
|---------------------------------------------------|---------------|--------------------------------------------------|----------------------|
| 0xefd1cc...6f6e1a | 9 SHIB | 0xdead...942069 | 2025-07-02 09:42:47 |
| 0x7ce461...11dfd7 | 252,300 SHIB | 0xdead...942069 | 2025-07-02 08:27:11 |
| 0x89601f...86e2be | 500,658 SHIB | 0xdead...942069 | 2025-07-02 08:16:35 |
(Full table available in original data.)
Enjin Coin (ENJ) Burn Insights
Key Metrics
- Total Burned: 422,537,118 ENJ
- Percentage Burned: 42.25%
- Available Supply: 577,462,882 ENJ
Recent Burn Transactions (Top 10)
| Transaction Hash | Burned Amount | Burn Wallet | Timestamp |
|---------------------------------------------------|---------------|--------------------------------------------------|----------------------|
| 0xfddc9a...b0d2e2 | 90 ENJ | 0x0000...00dead | 2025-06-28 21:26:23 |
| 0xb49e6d...46eb16 | 13,184 ENJ | 0x0000...00dead | 2025-06-28 20:31:23 |
(Full table available in original data.)
👉 Compare burn rates across blockchains
FAQs
1. Why do cryptocurrencies implement burn mechanisms?
Burning tokens reduces supply, potentially increasing scarcity and value. Projects like SHIB and ENJ use burns to align with deflationary economic models.
2. How are burn transactions verified?
Burns are tracked via blockchain explorers (e.g., Etherscan) using designated burn wallet addresses (e.g., 0xdead... or 0x0000...dead).
3. Does burning guarantee price appreciation?
Not directly. While burns reduce supply, prices depend on market demand, utility, and broader adoption.
4. How often are burns executed?
Frequency varies by project. Some burns occur per transaction (auto-burn), while others are manual (e.g., quarterly events).
Conclusion
Monitoring crypto burns helps investors gauge supply dynamics and project sustainability. For real-time updates, bookmark this tracker or visit our recommended resource.
### SEO Keywords
1. Cryptocurrency burn tracker
2. SHIB burn analysis
3. ENJ token burns
4. Real-time burn monitoring
5. Deflationary tokenomics
6. Blockchain supply reduction
7. Burn wallet verification
8. Crypto scarcity models