Shiba Inu’s burn rate surged by an astonishing 38,299%, driven by community wallets aggressively sending SHIB to designated burn addresses. This unprecedented spike, verified on the Ethereum blockchain via Etherscan, showcases a surge in community-driven supply reduction efforts aimed at increasing token value. The impact was minimal to the price of SHIB despite this drastic change. The Shiba Inu community is utilizing collective action to lower SHIB circulation, contributing to long-term valuation improvements. However, there’s been no immediate market reaction with price changes remaining stagnant. This follows a consistent pattern where major wallets have previously facilitated similar burn activities earlier in the year, notably in March and August of 2025. Experts highlight this as a crucial strategy for sustained market health. It’s important to remember that cryptocurrency markets are volatile, and investing involves risk. Always do your own research before making any financial decisions.