131.2 Million SHIB Burned, But Challenges Remain The Shibburn platform has reported that 131.2 mill

131.2 Million SHIB Burned, But Challenges Remain

The Shibburn platform has reported that 131.2 million SHIB were removed from circulation over the past week. Despite this achievement, the burn rate has decreased by 67.29%, reflecting reduced activity in larger-scale burns. Daily burns, however, have seen a 69.28% increase, with 6.18 million SHIB incinerated through eight transactions, the largest totaling 2.87 million SHIB.

This milestone coincides with SHIB's 10% price drop to $0.00002338 before rebounding to $0.00002440. The broader crypto market decline, triggered by Bitcoin's drop below $100,000 due to the Fed

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