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Shiba Inu 883% Surge: SHIB Supply Shrinks by 21,611,083 Tokens

2025-07-22 11:18:21

Shiba Inu 883% Surge: SHIB Supply Shrinks by 21,611,083 Tokens

Main Idea

Shiba Inu (SHIB) experienced an 883% surge in token burn rate in 24 hours, with 21,611,083 SHIB burned, contributing to a reduction in its total supply.

Key Points

1. Shiba Inu's daily burn rate surged by 883.89%, with 21,611,083 SHIB burned in the last 24 hours.

2. A single transaction burned 16,444,740 SHIB, significantly contributing to the daily burn total.

3. Over the past seven days, 131,421,765 SHIB were burned, marking a 129.63% increase in the weekly burn rate.

4. A total of 410.75 trillion SHIB tokens have been burned from the total supply, but the circulating supply remains over 580 trillion.

5. At the time of reporting, SHIB's price was down 4.94% in 24 hours but up 15.27% weekly.

Description

Shiba Inu (SHIB) supply just got slashed

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