Shiba Inu's SHIB burn rate rose 31,712% in 24 hours as 72.23 million tokens were removed from circulation, including a 69,382,214 SHIB burn from Coinbase. Shibburn reported 111.41 million SHIB burned over seven days and 476.96 million over 30 days, although weekly and monthly burn rates fell 25.06% and 86.19%, respectively. The 30-day total represented just 0.00008%, highlighting the limited short-term effect of token burning on supply and price. Overall, 410,844,342,553,194 SHIB have been burned in 21,855 transactions, valued at $7,358,060,098 and representing 41.08% of Shiba Inu's initial 1 quadrillion-token supply. SHIB was recently reported at $0.00000549, compared with $0.000005362 in the earlier update, and remained far below its peak. Veteran trader Peter Brandt said altcoins including Shiba Inu could potentially see a sixfold move over the next two or so years.