SHIB Burns Surge, Reaching Record Highs Despite Price Dip

A surge in Shiba Inu (SHIB) token burns has been observed, with nearly 3 million tokens being sent to inaccessible wallets in a single day. While the weekly burn rate saw a significant drop, the community remains active and committed to reducing SHIB’s circulating supply. The price of SHIB dipped by 12% on Monday but is recovering slightly. The team behind SHIB remains optimistic about the future despite market volatility.