According to CoinMeta, the burn activity of Shiba Inu has surged by 1307% in the past 24 hours, with the available supply decreasing by tens of millions of tokens. This large-scale burn event has led to a four-digit increase in the daily burn rate of Shiba Inu. The latest on-chain data shows that as of September 8th, a total of 46.25 million SHIB tokens were sent to irrecoverable wallets, contributing to this significant increase in the burn rate. Although the increase in burn activity may provide a bullish signal for the asset, it does not directly affect price trends. Currently, the trading price of Shiba Inu is slightly above $0.0000052, and market analysts believe that the discrepancy between burn activity and price trends is not significant.