Citing 36 Crypto, Shiba Inu (SHIB) has seen a 1,726.32% increase in its daily burn rate, with 35,386,697 SHIB burned in the last 24 hours. The token's total supply now stands at 589,246,171,323,119 SHIB, as ongoing burn activity continues to reduce circulating supply. Despite the surge in burns, SHIB's price has fallen 1.34% in the past 24 hours, trading at $0.000007917 amid broader market weakness.
Shiba Inu Burn Rate Surges 1,726% as Supply Drops
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