The Shiba Inu network burned 20.95 million SHIB in 24 hours, driving a 1,020% surge in the daily burn rate. In the past 30 days, 607.34 million tokens were destroyed, bringing the total to 410,844,015,547,496 SHIB removed from circulation out of an initial supply of 1 quadrillion. SHIB price rose 0.81% in 24 hours but dropped 6.85% weekly, facing key resistance at $0.00000538 (200-day moving average). The daily RSI holding at 54 suggests a potential consolidation phase before the next significant price move.
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