16 October 2025
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Shiba Inu Burn Rate Increases 222%, Price Continues to Decline
Shiba Inu Burn Rate Increases but Price Declines
- Shibburn reported a 222% increase in the Shiba Inu burn rate over the last 24 hours, leading to the destruction of 140,391,783 SHIB.
- The total supply reduced from 999,982,335,928,955 to 585,202,851,074,750.
- Despite the burn rate spike, SHIB's price dropped by 2.12% to $0.00001043.
- Market capitalization decreased to $6.14 billion with a 10.45% dip in trading volume to $183.62 million.
Maxi Doge Gains Investor Interest
- Maxi Doge (MAXI) presale raised over $3.64 million, showing strong investor interest.
- Current presale price is $0.000263, with adjustments expected in less than 2 days.