Shiba Inu Burn Rate Surges 1,086%, Destroying 15.97 Million SHIB

Shiba Inu's burn rate has surged by 1,086%, resulting in the destruction of 15,970,661 [SHIB](https://holder.io/coins/shib/). Despite this, the token's price remains largely unchanged.

Key Points:

The increased burn rate led to a minor price rally of 1.07% within 24 hours, but SHIB still shows a 21.66% decline over the last 30 days.
Total burned supply amounts to 410,753,702,910,887 SHIB, with a circulating supply of 585,265,936,616,871 SHIB.
The market expects a potential price rebound due to reduced supply, but broader cryptocurrency market instability persists.

[Bitcoin](https://holder.io/coins/btc/) continues to trade below $90,000, experiencing significant outflows from Bitcoin ETFs, totaling $4.349 billion over four weeks.

Maxi Doge Update:

Maxi Doge (MAXI) is gaining attention, raising $4.18 million in its presale.
Current price for MAXI is $0.0002695. The project is considered one of the promising upcoming crypto presales of 2025.