The SHIB daily burn rate surged by 405.21%, destroying 124,023,282 tokens in 24 hours according to Shibburn. A total of 3.90 billion SHIB were burned over the past 30 days, bringing the cumulative burn volume to 410,843,579,789,609 SHIB, representing 41.08% of the initial 1 quadrillion token supply. WoofSwap V3 led the burn chart with over 3 billion SHIB sent to dead wallets. SHIB price stands at $0.000004958, up 2.58% in 24 hours, following a 40% rally in late July and a golden cross on the hourly chart (MA 50 above MA 200). The Shibarium blockchain also recovered with a 65% increase in daily transactions.
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