shib burn tracker - Shiba Inu Skyrockets 5,223% in Burns as Millions of SHIB Vanish
Dog-themed cryptocurrency Shiba Inu ($SHIB) has seen a 5,223% surge in its daily burn rate, as millions of $SHIBtokens were permanently removed from circulation.
According to the $SHIBburn tracker, Shibburn, this spike saw tens of millions of Shiba Inu tokens being sent to dead wallets in a coordinated effort to reduce the total supply: 21,292,085 $SHIBtokens were burned in the last 24 hours, marking a 5,223% surge in burn rate; 148,506,693 $SHIBtokens were burned in seven days, representing a 25.31% surge in the weekly burn rate.
HOURLY $SHIBUPDATE$SHIBPrice: $0.00001292 (1hr 0.53% ▲ | 24hr -1.39% ▼ )
Market Cap: $7,612,060,617 (-1.44% ▼)
Total Supply: 589,251,234,716,565
TOKENS BURNT
Past 24Hrs: 21,292,085 (5223.02% ▲)
Past 7 Days: 148,506,693 (25.31% ▲)— Shibburn (@shibburn) May 31, 2025
Shytoshi Kusama, Shiba Inu's chief ambassador, has returned to X after weeks of public silence.
His series of posts hinted at an ambitious new direction, offering a peek into $SHIB’s future that revolved around a "final white paper," artificial intelligence and a daring vision for a "new age."
At the time of writing, $SHIBwas up 1.74% in the last 24 hours to $0.00001281 following the sell-off over the weekend. After three consecutive days of drops, Shiba Inu recovered from lows of $0.00001226 on Saturday, and bulls are seeking to sustain the rebound, pushing the price to $0.00001294 in the early Sunday session.
ShibDAO launches
The ShibDAO, Shiba Inu's long-awaited Decentralized Autonomous Organization, is no longer simply a notion on a whiteboard; it's now live and ready to fundamentally reshape how decisions are made, and the community steers its ship.
This is a significant milestone for Shiba Inu since it represents the true handover of the keys, ushering in an era in which the Shib Army governs rather than simply participating.
The ShibDAO represents the Shiba Inu community's parliament, built on transparent, unchangeable blockchain code. The plan is for the Shiba Inu Karma system, once fully released, to potentially act as a multiplier, increasing the voting power of dedicated and positive ecosystem contributors.
This detailed match analysis covers key moments, player performances, and tactical insights.
Key Statistics
Possession: 55% - 45%
Shots on target: 6 - 3
Pass accuracy: 88% - 82%
Corners: 5 - 2
Player Ratings
- Home MVP: John Doe (9.2)
- Away MVP: James Smith (8.7)
Post-Match Analysis
The manager praised the team's resilience after coming from behind. "We showed great character," he said.
This win moves them to the top of the league table with 45 points.