The SHIB army has managed to burn tens of millions of SHIB tokens and send them to unspendable wallets, resulting in a surge in the burn rate. However, despite attempts to increase the price of SHIB, it ultimately failed and returned to its previous level. The largest transfer consisted of 48,266,929 SHIB, representing the majority of the burned coins. The SHIB team's marketing lead emphasized the importance of patience and commitment to building in the crypto market. The price of SHIB experienced a rise of 7.5% followed by a decline of 4.3%. At the time of writing, SHIB is valued at $0.00002539.



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