Shiba Inu burns 1.47M SHIB in 24 hours, just 6.5% of 30-day daily average
- —1,466,368 SHIB burned in 24 hours, about 6.5% of the daily average
- —681.69 million SHIB burned over 30 days, averaging 22.72 million a day
- —Reported 42.9 million percent burn-rate jump is not verifiable from public data
- —Circulating supply is about 585.6 trillion SHIB; daily burn is 0.00000025% of it
Why it matters: The modest burn volume shows SHIB's deflationary effect remains negligible for supply and is unlikely to explain price moves.
Source: TokenPost