4,804,534 SHIB Removed in One Day as Burn Rate Jumps 380% Amid Price Drop

According to Shibburn data, the Shiba Inu community destroyed a total of 4,804,534 SHIB in the last 24 hours, pushing the daily burn rate up by 380.45% across five transactions. Over the same period, SHIB fell from $0.00000783 to $0.00000646, then recovered about 4% to $0.00000671 while a Shiba Inu executive on X said they were not worried about Bitcoin’s sharp move below $80,000.