Shiba Inu recently celebrated its fifth anniversary with a remarkable 5,809% surge in its token burn rate, eliminating over 4.1 million $SHIB in just 24 hours and 628 million over the past week.

Despite these significant burn efforts, SHIB's price declined by 5.85%, trading at $0.00001208, bringing its market capitalization to $7.1 billion. The spike in token burns underscores the community's dedication, even as the broader crypto market faces pressure from rising U.S. trade tariffs.