In the past 24 hours, the Shiba Inu (SHIB) community has burned approximately 429,590 SHIB tokens, valued at around $10.56. 
This burn activity represents a modest reduction in the total circulating supply, with the burn rate increasing by 243.34% during this period. 
The SHIB burn mechanism aims to decrease the token’s supply, potentially increasing its value over time.
However, the relatively small number of tokens burned recently may have a limited impact on the overall supply and price.
As of now, SHIB is trading at approximately $0.00002412.