Shiba Inu (Shib), dog-themed memecoin has recorded an increase in burn rates within the last 24 hours. A deflation mechanism surged by a staggering 201,207% as communities moved to reduce cyclical supply and possibly cause an increase in value.
Shiba Inu Burn removes 4.56 million shib
According to Shivburn dataan online platform that monitors metrics, represents a total of 4,559,620 shives that were excluded from the circulation within this period. Development suggests that community members have seen the need to reintervene intervention In the free fall of prices.
In particular, the Shiba Inu ecosystem is engaged in burn activity as a deflationary mechanism to control token supply during circulation. The idea is to reduce the supply by sending shiv to a dead wallet in the hopes of creating rarity and increasing value.
The recent surge in burn rates appears to be significant, but the actual volume removed from circulation is not very important. 459 million shiv is only a small portion compared to total supply, which is 589,247,727,012,157 shiv.
Hourly Shib Update $shib Price: $0.00001221 (1 hour – 0.02%▼ | 24 hours – 1.48%▼)
Market capitalization: $7,198,389,042 (-1.56%▼)
Total supply: 589,247,727,081,577The token burned
Last 24 hours: 4,559,620 (201207.73%▲)
Last 7 days: 6,445,248 (16.16%▲)– Shibburn (@shibburn) September 4, 2025
Of this volume, 4,559,457,934,548 shivs were staked, and 584,688,269,077,609 shivs remained in the circulation supply.
Burn movement remains a continuous activity of SHIB, with 410,752,272,987,842 shib being the total amount burned from the initial supply.
Despite record burn activity, Shiv’s prices are fighting
Shiba Inu investors have to wait to see if recent burn activity will have a positive impact on prices and reverse the decline in Meme Coin’s value. Over the past seven days, Shiv has been fluctuating with a 2.84% reduction in its value.
At the time of writing, Shiba Inu is change Hands of $0.00001222 representing a 1.69% decrease over the past 24 hours. Memecoin had previously risen to a peak of $0.00001257, but could not maintain its upward momentum as trading volumes remained low.
Currently, the volume remains in the 14.77% red zone at $153.6 million. The data suggests that investors are shifting interest to other meme coins such as Pepe and Bonk. Nevertheless, community members are optimistic about a Bullish September.
