The Shiba Inu community continues to move Shibumeme coins out of the circulation to reduce total supply, in order to turn this asset into a rare one.
Last week, the Shiv army managed to burn millions of meme coins. However, there is a negative pivot here.
Nearly 2 million shibus have disappeared amid this keysive metric crash
Data provided by Sivburn Wallet Tracker in the recently released XPost reveals that over the past seven days, Shiv Forces have relocated 1,662,665 Shivs to burn blockchain wallets, i.e. burn.
Hourly Shib Update $shib Price: $0.00001333 (1 hour – 0.48%▼ | 24 hours 1.14%▲)
Market capitalization: $7,854,595,659 (1.16%▲)
Total supply: 589,247,710,238,485The token burned
Last 24 hours: 69,597 (-0.26%▼)
Last 7 days: 1,662,665 (-92.66%▼)– Shibburn (@shibburn) September 12, 2025
Despite a significant number of meme coins being burned, the overall weekly burn rate collapsed by 92.66%. The biggest single burn of the week was 1,033,449 SHIB, which moved to a dead-end wallet about five days ago.
The tweet also shows a slight decrease in daily burn rates, with a decrease of minus 0.26%, with 69,597 shivs being destroyed. The updated figures on Shibburn’s website show that this metric has already moved to green, showing a growth of 52.23% with 106,219 shibucoins torched over the past 24 hours.
Overall, a total of 410,752,289,867,556 wave shiba inu coins are being kicked out of the circulation as 584,696,203,158,754 remain in the cryptocurrency market.
