Shiba Inu Burn Rate Drops to Zero, But Community Keeps Pushing

The daily SHIB burn rate has officially dropped to zero, according to data from Shibburn. While this may sound alarming, there’s still a silver lining. The Shiba Inu community continues to send small amounts of SHIB to dead wallets, effectively reducing the circulating supply even as the overall burn activity appears frozen.

In the past 24 hours, SHIB holders have burned just 671,832 tokens. Though this figure is minimal, it shows the community’s commitment to SHIB’s deflationary goals. Numerous tiny transactions some burning just a few hundred SHIB continue to trickle in. So, while Shibburn reports a zero burn rate, token destruction is still happening, albeit slowly.

SHIB is currently trading at $0.00001175, after shedding 12% of its value in the past week. Like many altcoins, the token remains under pressure amid the broader market downturn.

SHIB Team’s Lucie Issues Scam Warning

SHIB’s marketing lead, Lucie, addressed the community on social media. She described the current market as “brutal,” blaming the chaos on malicious actors and attention-seekers who benefit from the panic.

In these brutal market conditions, the only ones enjoying it are the malicious actors and clout chasers — milking lies just to monetize their platforms.

Of course we’ll see a new token launched every other day. New devs, same old shill gangs. Do what you want — it’s your money,…
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) June 20, 2025

Lucie warned holders to stay alert, especially with the recent spike in new token launches. She believes many of these tokens come from the same scammers who simply recycle developer names. “New devs, same old shill gangs,” she said, criticizing their tactics.

Lucie Slams X as a Hub for Scammers

In addition, Lucie pointed fingers at X (formerly Twitter), calling it a “paradise for chaos, bots, and scams.” She urged users to double-check websites and verify information before making any financial moves. The warning comes as scam risks increase, especially in volatile markets like the current one.

Despite a technical burn rate of zero, the SHIB community’s effort continues. Though small, these burns prove that loyal holders are still active. However, caution is more important than ever. As Lucie stressed, scams are on the rise and only those who stay alert can avoid them.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.