According to CoinMeta, the SHIB token has been burned by 24.38 million tokens in the past 24 hours, with a burn rate surge of over 3607%. This aggressive burn activity has significantly reduced the circulating supply of SHIB, making it the largest token burn event of 2026. According to the latest data, approximately 2.98 billion SHIB tokens have been burned in the past seven days, with the current monthly total at 3.25 billion tokens. Although the burn rate has slowed down from the peak on Monday, the community's commitment to reducing the supply remains strong.