Shiba Inu Launches Huge Burn Contest: Up to 10 Billion SHIB Tokens Could Be Burned Daily!

**Exciting News: Shiba Inu’s Duel Mode in Shiba Eternity Aims to Burn Up to 10 Billion SHIB Tokens Daily!**

Shiba Inu is rolling out an exciting new initiative designed to engage its community while actively reducing the supply of its circulating tokens. The Shiba Eternity game introduces a thrilling player-versus-player feature called Duel Mode, where players can compete for SHIB rewards. This innovative mode not only encourages user participation but also supports the ongoing efforts to decrease the total supply of SHIB tokens.

In Duel Mode, players will face off in battles, each paying an entry fee of 50,000 SHIB. These fees are combined to create a contest pool of 100,000 SHIB. The winner of each duel will take home 80,000 SHIB, which is 80% of the pool, while 10% (10,000 SHIB) will be burned, directly reducing the circulating supply of Shiba Inu tokens. The remaining 10% (another 10,000 SHIB) will be kept as a platform fee to help further develop Shiba Eternity.

**SHIBA ETERNITY DUEL MODE – Battle for $SHIB & Burn!**
Two players. One victor.
Winner takes: 80,000 $SHIB
Registration fee: 50,000 $SHIB
10,000 $SHIB burned per match

**HOW IT WORKS:**
Enter the Duel Lobby
Battle for glory and SHIB
A portion of each… pic.twitter.com/txLHRYReGz — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) February 27, 2025

Currently, this competitive feature is available exclusively on the Web3 version of Shiba Eternity, which is still in beta. There’s no official release date for the final version just yet, but the anticipation is building!

**Aiming High: 10 Billion SHIB Tokens Could Be Burned Daily!**
Shiba Inu has set an ambitious target for Duel Mode, aiming to burn up to 10 billion SHIB tokens each day. Achieving this goal hinges on the number of duels played daily. According to Lucie, a member of the ecosystem team, the objective is to reach millions of duels, not just thousands. If Shiba Eternity can hit the mark of one million duels per day, it could lead to the burning of 10 billion SHIB tokens daily, translating to approximately $147,000 at current exchange rates.

Imagine the impact: a million games a day, multiplied by 10,000, equals 10 billion (10,000,000,000). — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) February 27, 2025

This impressive daily burn rate could accumulate significantly over time. If the platform maintains this level of activity, it could burn 70 billion SHIB weekly, valued at around $1.03 million, and 280 billion SHIB monthly, worth approximately $4.12 million. Such efforts could greatly influence the token’s supply, demand, and overall value.

**Rising Burn Rate and Shiba Inu’s Supply**
According to ETHNews, Shiba Inu has already experienced a remarkable increase in its burn rate, surging by 1,335% in just one day, with 30.18 million SHIB tokens burned. The community is buzzing with excitement as these initiatives unfold!

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