Shiba Inu Daily Burn Rate Jumps 88% Amid US and Japan Expansion

The daily burn rate for Shiba Inu (SHIB) has increased by over 88% due to its recent expansion in U.S. and Japan trading infrastructure.

Over the past 24 hours, a total of 39.23 million SHIB was sent to an inaccessible dead wallet, which has significantly contributed to the increase in daily burn rate.

The weekly burn pace for SHIB slowed down by 38.86% over the same period, with a total of 192.84 million SHIB burned over the past seven days.

According to Shibburn data, out of an initial supply of 1,000 trillion tokens, Shiba Inu has burned a total of 410,843,929,693,979 SHIB through 21,631 transactions so far.