21
Jul
Shiba Inu burn activity has returned to the spotlight after reports showed more than 117 million SHIB tokens were destroyed in a single day on July 8, marking the project’s largest one-day burn in six months. The update has put Shiba Inu back into the meme coin conversation, with holders once again watching whether fresh burn activity can support stronger sentiment around SHIB. For many in the Shiba Inu community, token burns remain one of the biggest talking points because they feed into the long-term supply reduction narrative. However, Shiba Inu price action has still remained mixed. Burn events can…