SHIB Daily Burn Rate Drops 25% to $29

The Shiba Inu community has reported a significant drop in daily SHIB burns over the past 24 hours, with only $29 worth of tokens being burned. This represents a decrease of 24.95% from the previous day's burn rate and translates to approximately 5.33 million SHIB tokens.

The Shibburn page, which tracks SHIB burns, shows that Binance contributed 2,357,000 SHIB to the burn pot in the last 24 hours, while several transactions also originated from Robinhood. In addition, Uniswap sent 15,955 SHIB tokens to inaccessible wallets.

Over the past seven days, 139.50 million SHIB were burned, representing a weekly increase of 76.73%. The number of burned tokens in the last 30 days reached 507.72 million.