812.8M SHIB Burned as Shiba Inu Activity Surges 2,405%

Published at 2025-11-15 12:30:25

On Nov. 15, 2025, on-chain data shows Shiba Inu communities and related services destroyed 812,840,391 SHIB in just a few days, pushing the token's burn rate up 2,405%. The concentrated burn activity coincided with a noticeable uptick in transactions and wallet interactions, suggesting a short-term spike in network usage and coordinated burn efforts.

The immediate significance is a reduction in circulating supply, which can act as a compositional factor for price dynamics, though it does not guarantee appreciation. Market participants will likely watch subsequent burn rates, exchange flows, and liquidity changes to assess lasting impact. For now, the spike highlights renewed on-chain engagement around SHIB and may draw attention from traders and community members monitoring supply-deflation metrics.

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