Shiba Inu Supply Drops Amid Surge in Burn Rate

Shiba Inu's supply has seen a significant drop in the last 24 hours, with millions of tokens being sent to dead wallets. According to the Shibburn website, a total of 6,079,210 SHIB were sent to dead wallets in this timeframe. This adds to a total of 33,555,505 SHIB burned in the last seven days and 197,397,403 tokens in the last 30 days.

Overall, 410,839,970,136,820 SHIB tokens have been burned out of the initial 1 quadrillion SHIB supply, accounting for 41.08%. This is worth $7,358,037,796 in monetary terms.

The SHIB burn rate has increased by 37.28% from the past day, while down 40.56% in the last seven days.