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9,614,765 SHIB Tokens Destroyed in Hours as Key Metric Soars 3464%

2025-08-07 16:04:41

Main Idea

The Shiba Inu (SHIB) token burn rate surged by 3,464%, with 9,614,765 SHIB destroyed in 24 hours, sparking community attention and a 4% price increase.

Key Points

1. 9,614,765 SHIB tokens were burned in the last 24 hours, causing a 3,464% spike in the daily burn rate.

2. Shiba Inu's price increased by 4% in 24 hours, reaching $0.00001258 amid broader crypto market growth.

3. 23,317,751 SHIB were burned in the past seven days, following a prior week's 16,855.93% single-day burn rate increase.

4. A total of 410,752,089,360,220 SHIB have been burned, with 584,612,601,558,519 SHIB remaining in circulation.

5. Shiba Inu faces resistance at the daily SMA 50 ($0.00001267) and SMA 200 ($0.00001375), with potential for an uptrend if surpassed.

Description

SHIB price reversed into green alongside surge in metric

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📱 Full Version
$SHIB
$0.000012647
+2.52%

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