Is the Shiba Inu burn rate about to explode? After a slow start to the week, Shiba Inu's burn activity has sprung back to life. Recent days have seen wild fluctuations, with burn rates skyrocketing on some days and plummeting on others. However, the burn rate has surged by 1,359% in the past 24 hours, according to the latest data from Shibburn.com. This massive spike is drawing attention back to the Shiba Inu community. The 33% spike in the last 24 hours is a clear indication of renewed interest. This period Shiba Inu, the popular meme coin, has secured a prominent position among cryptocurrencies, entering the top 20 list by market capitalization. What's driving this dramatic shift? The SHIB team has been unwavering in their commitment to reducing the circulating supply, and community-led burn initiatives are contributing to this significant increase. Keep up with the latest Shiba Inu burn rate news and analysis here!