Shiba Inu Burns Record Amounts of SHIB in August: Will It Impact Price?

The Shiba Inu community burned millions to billions of SHIB tokens in August 2025, continuing their efforts to reduce the total supply. But what impact did this have on the meme coin?

According to Crypto Eye, a portal that compiles detailed statistics on Shiba Inu, the number of SHIB burned in August was 3.6 billion tokens. This is a significant figure representing the community's dedication to reducing the overall supply and potentially increasing the value of remaining SHIB.

Shibburn data shows over 680 million SHIB tokens were destroyed with 118 transactions last month. This represents a 79% increase compared to the previous month. Namely, Shiba Inu burning mechanism flopped by 79% in a single day, bringing the collective daily burn record to just two transactions. This highlights the volatility and fluctuations within the burning process.

While large-scale burns are impressive, individual large transactions also contribute. On, a significant event occurred in the Shiba Inu ($SHIB) cryptocurrency community. In a single transaction, 96,086,320 $SHIB tokens, worth around $1,364, were burned. These types of concentrated burns can draw attention and fuel further interest in SHIB.

Presently, there’s 8,258,774. The sustained burning of SHIB raises key questions: How will this continued reduction in supply affect the future price of Shiba Inu? Will these burns attract new investors and increase trading volume? The August burns, particularly the record amounts, are a crucial factor to consider when analyzing the potential future of Shiba Inu.