SHIB Burn Activity May Have Pushed Key Metric Lower After Almost 2 Million Coins Burned

• 1,662,665 SHIB burned this week

• Weekly burn rate collapsed by 92.66% despite large individual burns

• 410,752,289,867,556 SHIB removed; 584,696,203,158,754 remain

Shiba Inu burn: 1.66M SHIB burned this week, weekly burn rate down 92.66%. Read the latest metrics and what this means for supply. Stay informed with COINOTAG.

COINOTAG — Published: 2025-09-12 · Updated: 2025-09-12

What is the current Shiba Inu burn situation?

Shiba Inu burn activity this week saw 1,662,665 SHIB moved to unspendable addresses, but the aggregate weekly burn rate collapsed 92.66%, driven by lower recurring burns despite one large 1,033,449 SHIB removal. Total coins burned now exceed 410.75 trillion.

How did recent burns affect key SHIB metrics?

Blockchain-tracking data from community sources shows the largest single removal this period was 1,033,449 SHIB. Daily reported burns briefly dipped to 69,597 SHIB before community trackers registered 106,219 SHIB in the most recent 24-hour window. These swings pushed the weekly burn metric sharply lower while the long-term burned total grew.

The Shiba Inu community continues deliberate token removals to reduce circulating supply and increase scarcity. Over time, the cumulative removal of 410,752,289,867,556 SHIB changes supply dynamics, leaving 584,696,203,158,754 SHIB currently circulating.

Why did the weekly SHIB burn rate drop by 92.66%?

The weekly burn rate dropped primarily because routine, smaller burns slowed and were not offset by a sufficient number of medium-sized removals. Although a single large transfer of 1,033,449 SHIB occurred, it was not enough to maintain prior weekly burn levels. This highlights volatility in community-driven burns.

What do the numbers mean for SHIB scarcity?

Removing 410.75 trillion SHIB from circulation is materially large in absolute terms, but relative supply effects depend on ongoing burn consistency. With 584.70 trillion SHIB still circulating, single large burns can affect short-term metrics but not immediately transform supply dynamics without sustained reductions.

Frequently Asked Questions

How many SHIB were burned in the last 24 hours?

Community tracking showed a recent 24-hour figure of 106,219 SHIB burned, an improvement from a lower daily count earlier in the week. Daily totals fluctuate with community activity.

Is a single large burn enough to make SHIB scarce?

One large burn (for example 1,033,449 SHIB) affects short-term metrics but sustained, repeated reductions are required to materially change scarcity given hundreds of trillions of tokens still circulating.

Key Takeaways

• Weekly activity: 1,662,665 SHIB burned this week, but overall weekly burn rate fell sharply.
• Volatility in burns: Large single removals can skew short-term metrics; consistency matters for supply impact.
• Supply context: 410.75 trillion SHIB removed vs. 584.70 trillion remaining—ongoing burns required to drive lasting scarcity.

Conclusion

Shiba Inu burn efforts continue, with 1,662,665 SHIB removed this week but a 92.66% weekly burn rate decline signaling inconsistent removal patterns. Monitoring cumulative burned totals and sustained community activity is essential to assess future supply effects. For regular updates, follow COINOTAG coverage and on-chain burn reports.