Solana-based meme coin project Catwifhat (CWIF) outpaces Shiba Inu (SHIB) in terms of relative supply burned.
Many crypto enthusiasts consider Shiba Inu the most ‘flammable’ crypto project in the market. This is because the community has permanently removed over 410 trillion SHIB tokens from its supply since its launch in August 2020.
However, Catwifhat recently gained attention as the number-one Solana token extension burn project, having burned a greater percentage of its total supply than Shiba Inu. This indicates that Catwifhat has destroyed a significantly higher portion of its token supply in relative terms.
CWIF Burn
Catfwifhat’s official X handle attached data from Grok 3 backing this claim. According to the data, CWIF launched in December 2023 with an initial supply of 77.8 trillion tokens. This comes after the project destroyed over 920 trillion tokens from the initial max supply of 999.99 trillion CWIF.
In…
