A recent surge in Shiba Inu (SHIB) burn activity has piqued interest, despite the coin’s price remaining stagnant at approximately $0.000010. The spike was fueled by a Coinbase-linked transaction that saw over 140 million SHIB burned on October 15th, significantly boosting the daily burn rate by over 220%. However, despite this impressive action, Shiba Inu’s price has remained unchanged. This dynamic highlights the challenges of deflationary strategies in the face of a substantial circulating supply and limited market momentum. While community sentiment remains optimistic about the potential for a price increase driven by deflation, current trends suggest a lack of significant movement.