Data released by Shibburn shows that the Shiba Inu (SHIB) community has made amazing progress burning over 2 billion SHIB tokens, a 144, 223.06% increase over past activity. Reflecting an even more amazing 1,995.88% increase, the burn rate shot to 4.25 billion SHIB tokens over the past seven days.

SHIB is trading at over $0.00003158 at the time of writing; it has gained 3.97% over the last 24 hours and shows a 23.72% rise over the last 7 days. Shiba Inu now stands as the 12th largest cryptocurrency with a market cap of $18.61 billion.

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