According to a tracking site, the burn rate of Shiba Inu [SHIB] has been on a downward trend of late. Nevertheless, within the last 24 hours, there was a remarkable surge in the burn rate, raising concerns about the impact on other metrics. On 17 July, Shiburn revealed that Shiba Inu experienced a staggering burn of over 91 million tokens. This impressive volume translated to an extraordinary burn rate of over 7,000% within the last 24 hours.