🚀 SHIB Burn Rate Surges 2,196% as Millions of Tokens Go Up in Smoke
The Shiba Inu community has been busy sending tokens to dead wallets, and the latest stats show a huge spike in burns. According to fresh data from Shibburn, SHIB holders managed to get rid of 1,606,561 tokens in the past 24 hours alone. That’s a massive 2,196.63% jump compared to the previous day 🔥. The single biggest burn of the day wiped out 1,192,392 SHIB.
Looking at the bigger picture, weekly burns actually dipped by about 29%, even though the total number of tokens destroyed was much higher at 72,264,101 SHIB 🪙.
📊 Quick SHIB Stats (August 20, 2025):
Price: $0.00001227 (24h: -2.04%)
Market cap: $7.22B (-2.11%)
Total supply: 589.2 trillion
Burned in 24h: 1.6M SHIB (+2,196.63%)
Burned in 7 days: 72.2M SHIB (-28.89%)
💔 Price Slips 13% in a Week
The crypto market as a whole is feeling pressure as Bitcoin dropped more than 8% over the last seven days, and SHIB followed the same path. Since last Thursday, Shiba Inu has slid around 13% after peaking near $0.00001417.
At the time of writing, Bitcoin is trading just under $114,000, while SHIB sits at $0.00001226, down another 3.22% in the past 24 hours 📉.
