$SHIB
🚨 Shiba Inu burn rate falls 100% 🚨
The burn rate of Shiba Inu has entirely slowed down according to Shibburn data. It indicates a 100% drop in burn activity over the past 24 hours. This means no SHIB tokens have been destroyed from circulation during this period.
This dramatic lull in token burns comes on the heels of a major spike in burn activity on May 11, 2025. It was the day that the burn activity spiked by 9400%. The sudden flip from heightened burning to complete inaction highlights the volatile nature of SHIB’s burn function.
SHIB investors have closely tracked the burn rate, which most directly influences the token’s supply. Burns typically take place through various mechanisms. Spontaneous burns performed by community members, project initiatives, and the automated burning mechanism of the Shibarium Layer 2 solution are some of these.
