Shiba Inu Burn Rate Soars 300%
The post Shiba Inu Burn Rate Soars 300% appeared first on Coinpedia Fintech News
Shiba Inu’s (SHIB) burn rate has surged by over 300% in the last 24 hours, resulting in a significant decrease in supply. According to Shibburn, this surge burned 9.74 million SHIB tokens, with transactions from three specific wallet addresses. This decline could potentially boost Shiba Inu’s price if other market factors favor it. This sudden increase in the burn rate has sparked new interest and optimism within the SHIB community, as traders and investors anticipate a possible price rebound.
