Shiba Inu Burn Rate Surges 657% with 15.16 Million Tokens Sent to Dead Wallets

Shiba Inu's token-burning operations saw a significant surge in activity over the past 24 hours, with 15.16 million SHIB tokens sent to dead wallets, representing a 657% jump in daily burn rate.

This sharp increase reversed the sluggish pace seen at the start of the week, according to the project's dedicated burn page.

The total number of SHIB tokens burned over the past seven days reached 99.16 million, while the 30-day total hit 383.92 million, with Coinbase emerging as the largest individual SHIB burner in this period.