Key Notes

Shibburn data shows that the SHIB burn rate has increased to 222.84% in the last 24 hours.

The SHIB ecosystem is left with 585,202,851,074,750 in circulating supply.

Shiba Inu's price dropped by 2.12% to trade at $0.00001043 .

Shibburn, the dedicated Shiba Inu SHIB $0.000010 24h volatility: 1.0% Market cap: $6.15 B Vol. 24h: $172.05 M burn tracker, has provided data showing that the metric rose by about 222% within the last 24 hours.

This resulted in the permanent destruction of 140,391,783 SHIB, reducing the overall supply of the meme coin. Despite the higher burn rate, SHIB’s price has continued to decline.

SHIB Price Fails to Complement Burn Rate Spike

Shiba Inu burn rate recorded a spike of exactly 222.84% within the last 24 hours, leadi

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