The Shiba Inu community is taking matters into their own hands to boost the token's burning rate, with a bold initiative to catalyze the "1 Cent Dream". In a live X broadcast, prominent SHIB Army member Casey Stubbs torched 100 million tokens, marking the first installment of the campaign. This move has sparked a significant uptick in daily burns, with a whopping 591% increase, totaling 102 million SHIB burned in just 24 hours.

The community-led initiative aims to accelerate the manual burning process, with a goal to burn trillions of tokens. Despite the current bearish market conditions, which have seen SHIB's price drop by 13.6%, the community remains committed to inducing scarcity and maintaining the coin's long-term value.

As the SHIB auto-burn mechanism is being tested on Shibarium's testnet, the community's efforts demonstrate strong fundamentals and a dedication to the token's success. With the "1 Cent Dream" initiative gaining momentum, the future looks bright for Shiba Inu.