Shiba Inu burn stalls as ShibTorch holds just 371 of 1,000 BONE
- —ShibTorch holds 371.37 of 1,000 BONE, roughly $33 short of the threshold
- —SHIB bridge route between Shibarium and Ethereum paused since September 2025
- —24-hour burn of 20.4M SHIB trails the 22.4M daily average
- —SHIB trades near $0.00000489 with a $2.88 billion market cap
Why it matters: SHIB's scarcity mechanism hinges on Shibarium activity and bridge functionality rather than manual transfers by holders.
Source: CryptoTicker