On August 1, 2025, Shiba Inu marked its fifth anniversary, a significant milestone for the SHIB community highlighted by a record token burn.
4.1 Million SHIB Tokens Removed
During the anniversary event, over 4.1 million SHIB tokens were removed from circulation. This initiative emphasizes their effort to increase token scarcity and potential value growth. Key ecosystem figure LUCIE expressed pride in the achievements and ongoing commitment to community goals.
> "Shiba Inu turns 5! Proud to see how far the ecosystem, community, and partnerships have come—SHIBARMY, this is just the beginning. Burn rate signals our resolve to drive value for holders." - LUCIE, Marketing Lead, Shiba Inu
Token Burn Rate Surged by 5,809%
The event saw a 5,809% increase in the token burn rate, signaling a significant cut in circulating supply. It temporarily boosted liquidity and staking activity but did not impact major cryptocurrencies.
Market trends remained positive, despite no major price changes.
Past Burn Events Show Market Activity Rise
Historically, special occasions for Shiba Inu have involved surges in burn rates and community interactions. Past data indicates these events spur short-term market activity. Experts suggest outcomes could include temporary valuation boosts, as seen previously, though broader impacts are uncommon.
Shiba Inu's fifth anniversary proved to be an important event for the community, demonstrating its commitment to decentralization and initiating significant token burns.
