SHIB Burn Rate Surges 41% as Market Activity Improves

Shiba Inu's burn rate has increased by 41%, indicating that more than 410 trillion SHIB tokens have permanently left circulation, roughly 41% of the original supply.

This has led to a slowdown in bearish momentum and tighter price consolidation for SHIB. The token remains below key moving averages, despite open interest dropping sharply due to weaker speculation and cautious trader sentiment.

The market activity is showing encouraging changes, with improved exchange flows and continued token burns renewing interest. However, bullish momentum remains limited, and the coming sessions will determine whether SHIB begins rebuilding strength or extends a period of sideways trading.