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Robinhood's latest burn is quite aggressive, with over 100 million tokens directly gone, burn rate surging 2733%

HOOD7.20%
View Original
CoinNetwork
CoinWorld News: SHIB's burn volume reached 117.54 million tokens in the past 24 hours, worth approximately $517, marking the highest daily burn since November 2025, with the burn rate surging 2,733%. Over the past week, SHIB burned a total of 153.8 million tokens, of which about 77% were burned in the last 24 hours. This massive burn was primarily driven by a single transaction of 109.66 million SHIB, with the associated address coming from Robinhood.
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