Shiba Inu's token burn mechanism, once a major factor for its price potential, is declining as daily burns shrink significantly. Recent data shows only 988,032 SHIB burned in a day, marking a 90.38% drop from previous figures. Despite various initiatives like Shibarium and a burn portal, the circulating supply remains high at 589.24 trillion tokens. The community struggles to reduce supply, with only about 410 trillion tokens burned since inception.