Shiba Inu's burn rate skyrocketed by 2,713% within a 24-hour period, resulting in the destruction of 4.7 million SHIB tokens. Despite this significant increase in the burn rate, the price of SHIB remains stable at $0.00001000. Since its inception, the Shiba Inu ecosystem has eliminated over 410 trillion tokens. Meanwhile, Shibarium, Shiba Inu's Layer-2 scaling solution, is making strides with plans to reimburse $4 million to victims of a previous exploit and to restart the Ethereum bridge. These developments are part of ongoing efforts to enhance the ecosystem's functionality and security.