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Last updated: June 18, 2025, 13:35  |  Written by: Laura Shin

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Crypto

Shiba Inu Burn Rate Explained: Understanding Token Burning

Meme coin Shiba Inu (CRYPTO: SHIB) has seen a massive 7,400% increase in its weekly burn rate, with around 2 billion tokens being destroyed. This significant

Crypto: despite the destruction of 66 million tokens, the price of Shiba Inu (SHIB) plunges by 9.36%. Discover all the details.

You

Shiba Inu's burn rate soared by an astounding 65,529% in the past 24 hours, wiping out over 2.6 million SHIB tokens, according to the Shibburn tracker. The massive burn

You’ve seen how the Shiba Inu community has actively burned over 410 trillion SHIB tokens, worth more than $3.9 billion. This process, involving sending tokens to

A wallet with merely two transactions ended up burning 2 billion SHIB tokens. Data from Etherscan revealed that the address first received 2,005,265,274.5 SHIB tokens

Shiba Inu Burn Explodes 65,529% as Millions of SHIB Vanish

Shiba Inu: 2 Million SHIB Tokens Burned Abruptly - Watcher Guru

Shiba Inu Burn Rate Crashes With Only 2 Million SHIB Burned

Shibburn

Shiba Inu Coin Burn Mechanics: How Many SHIB Coins Have Been

SHIB Crashes 9 % In One Day Despite Burn Initiatives

Shibburn’s update on its official X (formerly Twitter) account shows that there has been a 38% decline in the burn rate in the last seven days, with only 64.85 million tokens worth around

Token Burning Permanently Removes Tokens

Token burning permanently removes tokens from circulation by sending them to a null address, thereby reducing supply. Vitalik Buterin burned 410 trillion SHIB tokens

Shiba Inu Burn Skyrockets 7,400%, Nearly 2B Tokens Destroyed

Laura Shin can be reached at [email protected].

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