The efforts of the token burn by the community of Shiba Inu have once again created a stir in the crypto space. Recently, an unannounced user has sent 1 billion shib token to the dead wallet, causing a huge increase of 8,470% in the Shiba Inu Burn Fee. The transaction took place on 23 March 2025 at 14:55 UTC and its price was around $ 13,050. This token burn in large numbers reduced the supply of Shiba Inu and Shib value The possibilities of increase in have given a new twist.
Shiba Inu Burn Fee has a big increase
The token burning process has been going on for a long time in the Shiba Inu Community and this transaction of 1 billion Shib Token done by the unannounced user recently is a good example of this. The main objective of this token burn campion is to increase the price of the remaining tokans by reducing the supply of Shib. According to data shared by Shiba Inu’s Burn Tracking Platform Shibburn, the total 1,004,897,157 shib token has been burnt in the last 24 hours. One of these major contributions is by ERC-20 token “Shibarmystrong”, which burn 20,933 shibs in 5 transactions.
There are many projects active in the Shiba Inu Ecosystem to further pursue Shiba Inu’s burning process, in which Shibarium has played an important role. Since August 2023, Shibarium has burn 50 billion shib tokens and now this process has become completely automatic. With this, the number of tokens burnt through it has increased to 700 million.
Shiba Inu Value Prediction, what will be the effect of this big token burn?
Shiba Inu Value Prediction According to it, there may be a little stability in Shib Value due to 1 billion shiba inu token burn, although it is difficult to do any payment due to fluctuations in cryptocurrency price. But in the last few months, this type of burn activity has seen a stir in Shib trading. While this process is a step towards increasing Shiba Inu Value, on the other hand the long-term price of Shib will depend on how strongly the community and Shiba Inu Ecosystem can continue the burn process.
Due to these efforts, the supply of Shib is constantly decreasing and this can strengthen the condition of Shib in the market. With them, expectations about Shib in Crypto Community remain constant and these burn camps can promote it.
Conclusion
Shiba Inu Token Burn’s efforts are seen to have a continuous increase and recently 1 billion shib token is a great example of this. This type of burn activity can prove to be an important step towards controlling the supply of Shib and improving its price. However, this process will depend entirely on the active participation of the community and the ecosystem of Shiba Inu. If the burn rate continues to grow in this way, the future of Shib may be positive. The burn mechanism of Shiba Inu can definitely bring a positive change in its long-term price.
