Shiba Inu Burn Rate Skyrockets 48,244%, Impacting Price Movement

A significant surge in the Shiba Inu (SHIB) burn rate has sent shockwaves through the cryptocurrency market. Driven by a single large transaction executed by an unknown whale, the burn rate soared by an astonishing 48,244% on August 13, 2025, leading to a substantial increase in SHIB prices. This dramatic spike in burn activity is attributed to both community-driven efforts and influence from market whales.