币界网报道:Shiba Inu's token burn rate plummeted 99.32% in the past 24 hours, marking a dramatic slowdown in the meme coin's deflationary mechanism. The SHIB community had burned over 410 million tokens in the previous week, but recent data shows only 3.2 million SHIB removed from circulation in the last day. This sharp decline comes despite ongoing efforts by developers to promote token burning through initiatives like the Shibarium layer-2 network. The reduced burn activity coincides with SHIB's price struggling to maintain momentum, currently trading around $0.000007 after failing to break key resistance levels. Analysts note that sustained high burn rates are crucial for SHIB's long-term price appreciation, as the token's massive initial supply remains a concern for investors. The Shiba Inu team continues encouraging community participation in burn mechanisms while developing additional utility for the token ecosystem.