The burn rate of Shiba Inu (SHIB) has surged by 388%, with 102,261,199 SHIB tokens destroyed, as reported on August 16, 2025. This significant increase in the burn rate was highlighted by data from @shibburn and @whale_alert, marking a substantial reduction in SHIB's circulating supply. The burn mechanism aims to increase scarcity and potentially enhance the value of the remaining tokens, reflecting ongoing efforts within the Shiba Inu community to improve market dynamics.