Markets· ★★· bullish·

Shiba Inu Burn Rate Jumps 657% as 15.16 Million SHIB Sent to Dead Wallets

  • —15.16 million SHIB burned in 24 hours, daily burn rate up 657%
  • —One transaction sent 10,007,239 SHIB to dead wallets
  • —99.16 million SHIB burned in 7 days, 383.92 million in 30 days
  • —410.8 trillion SHIB destroyed so far, or 41.08% of initial supply
Why it matters: Higher burns cut SHIB supply, but one-off spikes rarely produce a lasting price impact.
#SHIB
Source: U.Today
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