Recently, the token burning rate of Shiba Inu ($SHIB ) reached an impressive 91,091%, marking one of the most significant jumps in the history of the meme coin. Over the past 24 hours, millions of tokens have been removed from circulation, which, according to analysts, is aimed at reducing the total supply and potentially increasing the asset's value. This process is supported by community activity, which uses the burning mechanism to stimulate price growth.
Token burning is a key deflationary tool of the Shiba Inu ecosystem aimed at reducing the circulating supply of the original 589 trillion tokens. Despite the high growth rate, experts note that the price impact depends on market conditions and overall investor activity. As of July 9, 2025, the price of SHIB remains volatile, fueling discussions about the future of the meme coin.
Such a surge has attracted the attention of both retail and institutional players, increasing interest in the project. The Shiba Inu community continues to actively support burning initiatives, hoping for long-term growth.
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