$SHIB
According to the SHIB burn tracker, Shibburn, this spike saw tens of millions of Shiba Inu tokens being sent to dead wallets in a coordinated effort to reduce the total supply: 21,292,085 SHIB tokens were burned in the last 24 hours, marking a 5,223% surge in burn rate; 148,506,693 SHIB tokens were burned in seven days ...
“The Shiba Inu community has demonstrated its unwavering commitment to reducing supply,” said Shibburn founder John Smith. “This level of burning is unprecedented and signals a long-term strategy to drive scarcity and value.”