The burn rate of Shiba Inu tokens has significantly decreased, but the Shiba Inu community successfully burned over 3 million meme coins in the past 24 hours. The burn transactions, including some large ones, have contributed to making approximately 10 million SHIB coins unspendable. Despite the decrease in burn rate, the price of SHIB has risen by over 10%. Additionally, the Shibariumscan explorer indicates that the layer-2 blockchain is approaching a milestone of 700 million overall transactions, with a daily transaction count of 4.71 million. The number of wallets linked to the network has reached 2,021,457.



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