Shiba Inu’s daily burn rate surged by 657%, with 15.16 million SHIB tokens sent to dead wallets in the last 24 hours. A total of 410,844,369,470,023 SHIB have been burned to date, representing 41.08% of the initial supply of 1 quadrillion tokens. SHIB price rose 1.81% to $0.000005945, recovering from a low of $0.00000554 hit during Wednesday’s broader market selloff. Coinbase remains the largest SHIB burner over the past 30 days, during which 383.92 million tokens were destroyed.
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