🚀🔥Shiba Inu's burn rate is on fire, folks! In the past 24 hours, it's skyrocketed by a whopping 579%, with nearly 10 million tokens going up in smoke. This strategy is all about managing SHIB's supply and creating potential value through scarcity. Out of a maximum supply of 999,982,363,413,352 tokens, over 40% have already been sent to a null address.

But hold your horses, SHIB isn't the only one playing with fire. Binance Coin (BNB) and Floki Inu (FLOKI) are also fans of the burn. BNB's team conducts quarterly burns, buying back and permanently destroying a portion of the asset, funded by Binance’s profits. Their ultimate goal? To reduce the total supply to 100 million BNB.

Meanwhile, the Floki DAO recently decided to destroy over 15 billion assets, a move that was backed by an overwhelming majority of 99.84%. This coincided with a substantial green wave for FLOKI's price, which is up 15% on a weekly scale and 37% monthly.

Despite a slight dip, SHIB's price is still in the green on a weekly scale, trading at approximately $0.00002401, a 9% increase compared to last Monday. So, keep your eyes peeled, crypto enthusiasts! 🔥🚀