Shiba inu sky rockets with 5,223% burns as millions of Shib disappear.

The dog-themed cryptocurrency Shiba Inu (SHIB), saw a surge in daily burn rates of 5,223% as millions of shiv tokens were permanently removed from the circulation.

According to Shib Burn tracker Shibburn, the spikes had tens of millions of Shibuya tokens sent to dead wallets in efforts adjusted to reduce total supply: 24,292,085 Shiv tokens were burned in the past 24 hours, marking a burn rate of 5,223%. 148,506,693 Shiv tokens were burned over seven days, representing a 25.31% spike in weekly burn rates.

Shiba Inu’s chief ambassador, Shytoshi, returned to X after several weeks of official silence.

His series of posts suggest an ambitious new direction, peering into Shiv’s future, centering around a bold vision of “final white paper,” artificial intelligence and the “New Age.”

At the time of writing, after the weekend sale, Shiv has increased by 1.74% over the past 24 hours to $0.00001281. After three consecutive days of drops, Shiba Inu recovered from its $0.00001226 low on Saturday, with the Bulls trying to maintain their rebound, pushing the price to $0.00001294 in the early session of Sunday.

Shibudao is on sale

Shibdao, Shiba Inu’s long-awaited decentralized autonomous organization, is no longer just a concept on the whiteboard. It’s live now, ready to fundamentally reconstruct how decisions are decided, and the community is piloting the ship.

This is an important milestone for the Mao Shiba Inu, as this represents the true handover of the key and guides an era of Shiv’s troops to rule rather than simply join.

Shibudao represents the assembly of the Shiba Inu community, built on a transparent and immutable blockchain code. The plan is to allow the Shiba Inu Karma system, once fully released, to potentially serve as a multiplier, increasing the voting power of dedicated, active ecosystem contributors.