Shiba Inu’s burn rate surged by 428,862% in 24 hours, marking the largest monthly increase in the metric. According to the Shibburn tracker, 1.4 million SHIB tokens were destroyed during this period. This volume remains below the average daily burn, but it contrasts with the unusually low activity of the preceding days. At the same time, SHIB’s price gained about 3% over 24 hours and approached the key $0.000005 level as the broader crypto market recovered. The simultaneous resurgence in network activity and price revived momentum without establishing a direct causal link between the two.
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