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Shiba Inu's token burn rate drops to near zero in March despite half supply burned.

Protocol Fundamentals
31 Mar 2026
Coinpaper
View Source
Neutral
pluang ai news

Shiba Inu's daily token burn rate sharply declined to just 906.4 SHIB on March 31, marking one of the lowest daily burns this month after earlier peaks of over 84 million and 54 million tokens burned. Despite this slowdown, the community has successfully removed half of the circulating SHIB supply permanently, showing the long-term impact of burn efforts. The reasons for the recent drop in burn activity remain unclear, with no official explanation from the SHIB team. Meanwhile, the Shibarium blockchain is stabilizing after a major backend upgrade, which temporarily reduced transaction volumes from over 10,000 to around 1,230 per day.

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