In the past 24 hours, the Shiba Inu Community has burned over 211 million SHIB tokens through three separate transactions, with the largest transaction coming from Binance's wallet. This marks a significant event for the community as it is the biggest burn since June 4th. However, Shiba Inu has also witnessed a 1% increase in its circulating supply as a long-term holder transferred a large amount of SHIB to a Binance-linked wallet, causing a significant decline in its price. As of press time, SHIB is trading at $0.000006256, down -21.40% over the last day.
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