SHIB Burn Rate Surges 28,554%, Potentially Signaling Shiba Inu Price Upside
The post SHIB Burn Rate Surges 28,554%, Potentially Signaling Shiba Inu Price Upside appeared on BitcoinEthereumNews.com.
COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → The Shiba Inu (SHIB) burn rate has surged 28,554% in the past 24 hours, with 29,440,541 SHIB tokens permanently removed from circulation, according to Shibburn data. This aggressive supply reduction highlights community efforts to enhance scarcity and long-term value for the meme coin. Explosive Burn Rate Increase: The SHIB burn rate jumped 28,554%, destroying over 29 million tokens in just 24 hours. Community-Driven Initiative: Burns reduce circulating supply, aiming to combat inflation and boost token value through scarcity. Market Impact: Total SHIB burned now exceeds 410 trillion tokens, with recent spikes correlating to price gains of 4-5% and increased trading volume up 79% to $175.6 million. Discover the Shiba Inu burn rate surge of 28,554% and its impact on SHIB price. Explore how 29 million tokens burned signal bullish momentum. Stay updated on crypto deflation strategies today! What Caused the Recent Shiba Inu Burn Rate Surge? The Shiba Inu burn rate surge stems from community-driven efforts and automated mechanisms designed to reduce the token’s circulating supply. In the last 24 hours, 29,440,541 SHIB tokens were sent to inaccessible dead…
Filed under: News - @ October 27, 2025 11:22 am