10 October 2025
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Shiba Inu Burn Rate Soars 13,120%, Destroying 9.7 Million Tokens
Shiba Inu (SHIB) Token Burn and Market Impact
- The Shiba Inu ecosystem experienced a 13,120% increase in its token burn rate within 24 hours, leading to the destruction of 9,778,166 SHIB tokens.
- Total burned tokens amount to 410,752,462,168,861, leaving 584,750,925,225,463 SHIB in circulation.
- Despite the burn rate spike, SHIB's price decreased by 0.12% in the last 24 hours and is currently trading at $0.00001197.
- Shibarium, the Layer-2 network, plans to refund victims of a $4 million exploit and work on restarting the Ethereum bridge.
- 24-hour trading volume increased by 0.66% to $179.45 million.
- Market capitalization stands at $7.05 billion, indicating a decline.
Maxi Doge (MAXI) Presale Highlights
- Maxi Doge (MAXI) has raised $2,887,128.03 during its ongoing presale.
- Current presale price is $0.0002615, with a total amount raised of $2.63 million.
- The token price is set to change in less than 2 days.
For more information, visit Coinspeaker.