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Shiba Inu Burns 124 Million SHIB as Burn Rate Jumps 405% During Network Activity Revival

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FOMOGRAM Editorial Desk
Aug 2, 2026
98.5% CONFIDENCE
36Crypto FEED
Shiba Inu Burns 124 Million SHIB as Burn Rate Jumps 405% During Network Activity Revival
EXECUTIVE SUMMARY

Summary Shiba Inu burned 124,023,282 SHIB, lifting the daily burn rate 405.21% while reducing circulating supply amid stronger ecosystem activity. Weekly burns declined despite stronger daily activity, while WoofSwap V3 remained the largest monthly SHIB burner with billions destroyed permanently. SHIB gained modestly as Shibarium transactions climbed nearly 65% and hourly charts formed a golden […]

Summary Shiba Inu burned 124,023,282 SHIB, lifting the daily burn rate 405.21% while reducing circulating supply amid stronger ecosystem activity. Weekly burns declined despite stronger daily activity, while WoofSwap V3 remained the largest monthly SHIB burner with billions destroyed permanently. SHIB gained modestly as Shibarium transactions climbed nearly 65% and hourly charts formed a golden […]

FOMOGRAM SENTINEL GRAVITY TELEMETRY

The significant increase in SHIB burn rate indicates heightened ecosystem activity, potentially leading to price appreciation.

SHIB OVERALL MARKET INDEX: 74 / 100 (BULLISH)

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