So, the folks over at the Shibburn wallet tracker (yes, that’s a thing) have just dropped some fresh data that’ll make you go, “Oh, the humanity!”-or at least, “Oh, the dog-ity!” 🐕🦺 Apparently, the Shiba Inu token burn rate has taken a nosedive, plummeting 54.79% in the weekly charts. That’s right, folks, the great meme coin bonfire is now more of a candlelit dinner. But fear not, for there’s a silver lining in this smoky situation-though it’s about as comforting as a wet towel on a cold day.
As the burn rate took a header, the SHIB price decided to join the party, slipping slightly like a banana peel in a cartoon. 🍌📉 But hey, at least it’s not a full-on faceplant, right?
SHIB Burns: The Great 55% Vanish Act 🎩✨
According to a tweet from Shibburn (yes, they tweet about burning things-it’s a whole vibe), the weekly SHIB burn rate has dropped by a whopping 54.79%. But don’t worry, they still managed to torch 8,466,318 SHIB tokens. That’s like burning a couch in a mansion-noticeable, but not exactly catastrophic.
Over the past seven days, there were five burn transactions that made up the bulk of this fiery sacrifice: 1,033,449; 1,176,958; 1,136,833; 2,663,204; and 1,011,990 SHIB. That’s a lot of zeros, but let’s be honest, in the crypto world, zeros are just emotional support numbers.
HOURLY SHIB UPDATE
$SHIB Price: $0.00001287 (1hr -0.53% ▼ | 24hr -1.14% ▼ )
Market Cap: $7,585,958,616 (-1.02% ▼)
Total Supply: 589,247,710,308,440TOKENS BURNT
Past 24Hrs: 69,781 (-0.53% ▼)
Past 7 Days: 8,466,318 (-54.79% ▼)– Shibburn (@shibburn) September 10, 2025
The daily burn rate is also looking a bit glum, with a 0.53% decline. In the past 24 hours, a mere 69,781 SHIB tokens were locked away, according to the tweet and the Shibburn website. That’s like taking one cookie from the jar when you’re on a diet-symbolic, but not exactly life-changing.
SHIB Price: The Market’s Emotional Rollercoaster 🎢💔
Meanwhile, the Shiba Inu price has been on a bit of a rollercoaster, dropping 1.64% over the past day to $0.00001286. It then decided to take a nap and traded sideways on Tuesday. But fear not, it’s since bounced back by 1.52% and is now trading at $0.00001305. That’s like falling off your bike, dusting yourself off, and pretending it was all part of the plan.
Between Saturday and Tuesday, SHIB managed to claw its way up by 7.34%, leaving the $0.00001218 level in the dust. So, it’s not all doom and gloom-just mostly doom with a sprinkle of gloom.
In conclusion, the SHIB burn rate may be down, but the meme coin community is nothing if not resilient. After all, in a world where dogs can be money, anything is possible. 🐕💸
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2025-09-10 18:11