The Shiba Inu (SHIB) cryptocurrency recently experienced significant fluctuations in its burn rate, closely aligned with changes in its market valuation. Over the last week, there was a noticeable slowdown in the rate at which tokens were being burned, coinciding with a drop in the coin’s market price. The volume of SHIB tokens set aside for destruction decreased substantially during this period, leading to a lower overall burn rate. Towards the end of the current week, however, the situation dramatically reversed. The burn rate for Shiba Inu tokens sharply increased, largely due to the actions of the project’s lead developer.