The SHIB burn rate has spiked dramatically by an astonishing 27660% within the last 24 hours. A total of 503,305,764 SHIB tokens were permanently removed from circulation, driven largely by a single massive burn of 459,294,504 SHIB. This increase in burn activity has caught the attention of the community, reflecting rising efforts to decrease supply and enhance the value of the remaining tokens. Investors are excited as they track this notable development.