Btc is rising, xrp is rising, Pepe is rising, shib is rising

Burns for Shiba are ongoing. The Shiba Inu (SHIB) community regularly continues its token burn activities. These burns aim to increase the value of the token by reducing the circulating supply of SHIB.

According to the latest data, on February 10, 2025, the SHIB community burned 20,530,875 SHIB tokens within 24 hours, removing them from circulation. This transaction resulted in an 807% increase in the burn rate.

Previously, on November 30, 2024, the community burned 1.2 billion SHIB tokens. Of this burn, 1 billion SHIB was executed within just one hour.

To date, approximately 410 trillion SHIB tokens have been burned and removed from circulation. A large portion of this amount was conducted by Ethereum co-founder Vitalik Buterin in 2021.

The Shiba Inu community adopts a strategy of sustainably continuing the burning of SHIB tokens to reduce supply and increase the value of the token.