• Burn rate of $SHIB increased by 12,833%, but SHIB price was unaffected

  • Warning from senior executives in #SHİB : "Hide, block!"

Data shared by the famous tracker #Shibburn reveals an astonishing five-digit increase with millions of meme cryptocurrencies removed from circulation. However, SHIB's price showed an unexpected reaction to this significant increase.

Meanwhile, the $SHIB team released

An important warning, urging the Shiba Inu community to be cautious of "fake SHIB."

SHIB burn rate increased by 12,833%, but SHIB price was unaffected

The source of the above data reported on its electronic site that since yesterday morning, the total amount of Shiba Inu coins destroyed by SHIB fans has reached 13,090,171 SHIB.

The two largest transactions helped transfer 5,000,000 and 7,515,411 SHIB from the circulating meme coin supply. As a result, the burn rate skyrocketed by an astonishing 12,833.29%.

Hourly SHIB update$SHIB Price: $0.00001134 (1 hour 0.16% ▲ | 24 hours -2.97% ▼)
Market cap: $6,679,910,854 (-2.93% ▼)
Total supply: 589,249,836,126,910

Burned tokens
Last 24 hours: 13,090,171 (12833.29% ▲)
Last 7 days: 74,784,289 (-93.05% ▼)

— Shibburn (@shibburn) June 27, 2025

The total amount of meme coins that have been destroyed (locked in non-spendable wallets) since 2021 to date is 410,750,165,184,546 SHIB, while 584,532,038,460,906 SHIB remains in circulation.

Despite this impressive increase in the burn rate, SHIB's price has dropped by 3.77% since Thursday, falling from $0.00001168 to $0.00001124, where it is trading at the time of this report.

Warning from senior executives in #SHİB : "Hide, block!"

The official marketing officer of Shiba Inu, known to the community by the alias Lucy, issued a warning to the SHIB army.

Lucy mentioned "fake SHIB," addressing scammers and con artists with a request: "Keep your fake SHIB away from my post." She reminded everyone in the cryptocurrency community that "there is only one true #SHIBUSDT - born on Ethereum." She advised her followers on platform X to block scammers offering them investments in fake Shiba Inu coins.

Keep your fake SHIB away from my post. There is only one true SHIB - born on Ethereum.
Hide, block!

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) June 27, 2025