- *August 6, 2025*: Several burn transactions occurred, including:
- 72,774.692 $SHIB burned at 22:30:23
- 300.691259124956592108 SHIB burned at 21:04:35
- 9,472,270.213180669036563031 SHIB burned at 12:13:59
- *69,420 SHIB* burned at 07:34:59
- *100,000 SHIB* burned at 02:56:11 and 02:16:59
- *Significant previous burns.*
- *602 million SHIB* burned on July 29, 2025, equivalent to a 16.855% increase in the burn rate
- 1.17 billion SHIB burned on May 31, 2025, increasing scarcity by nearly 5.62% compared to the previous week
The total number of tokens $SHIB burned has exceeded 410 million. The burn mechanism is part of Shiba Inu's deflationary strategy to reduce token supply and potentially increase value
