Whale Burn Sparks Shiba Inu Frenzy: 127M SHIB Torched, Burn Rate Soars 1500%!

Renewed investor optimism and interest in Shiba Inu (SHIB) has emerged despite market volatility. What's fueling this SHIB resurgence? A massive whale burn of 127 million Shiba Inu tokens has sent the burn rate skyrocketing, triggering a buzz in the crypto community. The number of Shiba Inu tokens sent to a dead wallet was so large that the burn rate increased by 1,502 percent, according to the Shibburn website.

This significant SHIB burn contributes to the ongoing efforts to reduce the circulating supply of Shiba Inu, potentially increasing its value over time. According to the Shibburn website, 134,658,618 SHIB tokens were burned in total, with the 127M burn being a substantial contributor.

The dramatic increase in the burn rate is a key factor behind the renewed enthusiasm for SHIB. This renewed enthusiasm for SHIB follows a substantial spike in the token’s burn rate, which has intensified over the past day, resulting in the permanent removal of tokens from circulation. This is due to a remarkable 4,100% surge in its burn rate within just 24 hours (data simulated for 21 de sept. de 2025 for illustrative purposes), showcasing the commitment of the Shiba Inu community to its long-term growth.

Is this whale burn a turning point for Shiba Inu? Stay tuned for more updates on SHIB's performance and the impact of these burn events on its price.