The SHIB community continues to burn Shiba Inu meme coins relentlessly. This time, a mammoth half a billion meme coins got burned.
However, this staggering amount of SHIB was destroyed during the past seven days, and the weekly burn rate dropped by 19.84% compared to the week before that.
552,519,804 SHIB burned this week
A week prior to that, the SHIB army succeeded in burning more than 1 billion Shiba Inu.
The things stand differently with the daily burn rate. According to a recent tweet issued by the Shibburn tracking service, a total of 13,526,731 SHIB has been torched, which pushed the overall burn rate 1,906.84% up.
Three largest burn transactions carried 8,710,589, 3,039,513 and 1,641,320 SHIB to unspendable blockchain wallets.
HOURLY SHIB UPDATE$SHIB Price: $0.00001137 (1hr -0.32% ▼ | 24hr -3.43% ▼ )
— Shibburn (@shibburn) June 21, 2025
Market Cap: $6,697,691,461 (-3.43% ▼)
Total Supply: 589,249,897,384,468
TOKENS BURNT
Past 24Hrs: 13,526,731 (1906.84% ▲)
Past 7 Days: 552,519,804 (-19.6% ▼)
In total, 410,750,102,615,531 SHIB meme coins has been burned since 2021. The majority was removed from circulation by an Ethereum co-founder Vitalik Buterin, who received half of the initial quadrillion supply from the mysterious SHIB founder Ryoshi.
Now, 584,526,650,000,203 SHIB continue to circulate the cryptocurrency market.
