SHIB token burns surge 172%, led by major crypto platforms including Robinhood and Binance.

In the past 24 hours, SHIB token burns increased by over 172%, with nearly 10 million SHIB coins removed from circulation. Major crypto platforms such as Robinhood, Stake.com, Coinbase, Crypto.com, and Binance were among the top burners, alongside a large individual whale. These burns aim to reduce SHIB supply, potentially boosting its price due to scarcity. Following the burns, SHIB's price rebounded nearly 4%, mirroring Bitcoin's recent gains, though it saw a slight decline afterward.