Recent data from Shibburn indicates a remarkable surge in the Shiba Inu burn rate, jumping by an astonishing 12,278%. The blockchain tracker monitors large SHIB transactions sent to dead wallets, and the recent five-digit increase reflects a wave of enthusiasm among holders. This spike could have significant implications for SHIB’s overall supply dynamics and price strategy. Investors should remain informed and consider how the heightened burn rate may influence market sentiment in the coming weeks.