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Shiba Inu Burn Rate Jumps 405% With 124,023,282 SHIB Destroyed
FG
FOMOGRAM Editorial Desk
Aug 2, 2026
EXECUTIVE SUMMARY
Shiba Inu burning gains momentum with 124 million tokens sent to dead wallets at August's start.
Shiba Inu burning gains momentum with 124 million tokens sent to dead wallets at August's start.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
The significant increase in Shiba Inu's burn rate could positively influence its scarcity and market sentiment, potentially driving prices higher.
SHIB OVERALL MARKET INDEX: 50 / 100 (NEUTRAL)
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