The burning rate of Shiba Inu has shown a remarkable increase of 3.194% in the last 24 hours, and over 521 million SHIB tokens have been removed from circulation. However, due to SHIB's massive supply, the strong impact of these burns on the price remains limited for now.

As activity in the Shiba Inu community has increased recently, according to Shibburn data, this sudden rise in burning rates as of June 15, 2025, is directly linked to large transfers from big wallets. In particular, the address starting with '0xdb6' alone sent over 500 million SHIB to burning addresses. The largest of these transactions exceeded 310 million. Additionally, two separate token burns of 107 million and 103 million also took place from the same wallet.

In addition to these, the addresses '0x28be' and '0x6176' also contributed to the burning process. Although the amounts sent are not as large as the first wallet, they have significantly increased the total burning amount. It is observed that the Shiba Inu community, which has been dormant for a long time, has become active again and has given fresh momentum to the burning process.

HIGH SUPPLY CREATES PRESSURE ON PRICE

Despite all these positive developments, SHIB's current supply, which is over 589 trillion, makes it difficult for burns to significantly elevate the price. This massive supply hinders a substantial reduction in the circulating token amount and emerges as a fundamental factor that limits the price's upward movement in the long run.

Nevertheless, the continuation of burning activities shows that the community's commitment to the project is ongoing. Currently, the SHIB price fluctuates within a narrow band between $0.0000119 and $0.00001225. A breakout from this range could herald a new price movement. However, the 1.7% decline experienced in the last 24 hours also reveals that investor interest is currently limited.

New Moves and Expectations

There is still activity in the community, and it is rumored that the lead developer Shytoshi Kusama is preparing surprises soon. Considering that significant developments like Shibarium have previously revived prices, a new move is expected to give SHIB momentum again. Although silence prevails now, it should not be forgotten that every silence could be the calm before the storm.

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