Shiba Inu (SHIB) saw its burn rate surge by 5,223.98% over the past 24 hours, permanently destroying 401,219,021 tokens. Over the past seven days, 457,511,537 SHIB were removed from circulation. The token’s price gained 27.14% in a single day, peaking at +36% before settling at $0.00000540. Trading volume reached $700 million, pushing the market capitalization to approximately $3.18 billion and returning the token to around 25th place in CoinMarketCap’s global rankings. Despite these impressive figures, the burn remains infinitesimal compared to the total supply of 589,159,143,761,521 tokens.
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