23 October 2025
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Shiba Inu Burn Rate Surges 2,713%, Price Increases Slightly
Shiba Inu (SHIB) Burn Rate Surge
- Shiba Inu's burn rate increased by 2,713% in the last 24 hours, removing 4,764,442 tokens, per Shibburn data.
- Total SHIB burned in the last 7 days: 50,786,799 tokens.
- Total SHIB burned from initial supply: 410,752,702,962,590 tokens.
- Current circulation: 585,222,978,676,647 coins.
- Despite the burn, SHIB price only saw a slight increase of 0.89%, trading at $0.00001000.
- Market cap decreased by 0.87% to $5.82 billion.
Shiba Inu Ecosystem Updates
- Layer-2 scaling solution, Shibarium, is refunding $4 million to exploit victims and restarting Ethereum bridge.
- These developments might influence future SHIB price movements.
Snorter Bot Presale
- Snorter Bot presale has raised $5.48 million.
- Current presale price: $0.1083.
- Ticker: SNORT.