The SHIB community has successfully removed tens of millions of SHIB meme coins from the market over the past week, resulting in a 6% increase in price. However, the burn rate is still down compared to the previous week. In the past 24 hours, 708,198 SHIB coins were burned, representing a 95.02% decline. Since 2021, a total of 410,744,432,366,375 SHIB coins have been burned. SHIB experienced a 10% increase in price between Wednesday and Friday but has since seen a 2.7% drawdown and is currently trading at $0.00001661 per coin.



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