Shiba Inu burn rate increased by 710% to 5,678,332 $SHIB Burned within the last 24 hours, according to $SHIB Burn your website. The 710% increase represents one of the largest daily increases. $SHIB Burn rate over the past few weeks.
The number of Shiba Inu arsons spiked on May 11th, up from 700,000. $SHIB Up to 5.5 million people or more $SHIB within 24 hours.
daily $SHIB Burns added to total 23,753,662 $SHIB 188,168,328 people burned in the last 7 days $SHIB In the last 30 days. Promoting supply reductions looks like this: $SHIB The greatest supply strain will be seen in 2024.
374 billion, according to a recent tweet by Shiba Inu-centered X-handle Shibizens. $SHIB The exchange was completed in just 7 days.
Foreign exchange reserves decreased to 82.31 trillion $SHIBThis is at the lowest level in a year, while whales continue to shift supplies into private wallets. 134 billion $SHIB was moved from cryptocurrency exchange Binance to cold storage by a single wallet on May 10th.
market development
At the time of writing, $SHIB The currency fell 0.24% to $0.000006536 in the past 24 hours as markets traded mixedly ahead of important inflation data to be released later.
Inflation rose 0.9% to 3.3% in March, the largest monthly increase since June 2022. Meanwhile, annual core inflation, excluding food and energy, is expected to rise to 2.7% from 2.6% in March 2026.
The Fed’s benchmark overnight interest rate has remained stable between 3.5% and 3.75% since December 2025. The latest bill has emerged that could fully incorporate the U.S. cryptocurrency industry into the regulated financial system.
The latest version of the Clarity Act has been released by the US Senate Banking Committee, revealing details of the plan to move the cryptocurrency market structure through Congress. Shortly after midnight Tuesday, the Senate Banking Committee released the text of a market structure bill expected to advance this effort ahead of a hearing this week.
