Shiba Inu (SHIB) is under sell pressure as its burn rate has hit an absolute halt, with data from Shibburn showing a sharp fall in the token burning. The total number of SHIB tokens burned from the very start still remains at 410,748,494,626,099 out of the original supply. Shiba Inu burn rate falls 100% The burn rate of Shiba Inu has entirely slowed down according to Shibburn data. It indicates a 100% drop in burn activity over the past 24 hours. This means no SHIB tokens have been destroyed from circulation during this period. This dramatic lull in token burns comes on the heels of a major spike in burn activity on May 11, 2025. It was the day that the burn activity spiked by 9400%. The sudden flip from heightened burning to complete inaction highlights the volatile nature of SHIB’s burn function. SHIB investors have closely tracked the burn... Read More at Coingape.com
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