Shiba Inu’s token burn activity weakened further as the network removed only 2.34 million SHIB from circulation over the past 24 hours. According to data from Shibburn, the latest burn total was worth roughly $11, extending a broader decline that has pushed daily, weekly, and monthly burn-rate metrics into negative territory. The slowdown adds to concerns surrounding SHIB’s recent performance, as both on-chain activity and market sentiment remain under pressure. While the community continues to burn tokens, the latest figures suggest the pace has eased considerably compared to previous periods.