$SHIB Inu Update: Burn Rate Surges Amid Market Downturn🪙📊

Shiba Inu witnesses a 64,201% surge in its burn rate, with 657 million SHIB tokens permanently removed. This surge coincides with a broader market downturn. The burning is seen as a bold move by the community to influence token dynamics.

The 657 million burned SHIB, while a fraction of the total supply, marks a significant increase. SHIB has risen by 1.65% in the last 24 hours to $0.000022, reflecting the market's downturn. Shiba Inu struggles to maintain a range of 51 trillion SHIB.

In other news, X alerts the Shiba Inu community about numerous fake Telegram groups. Users are advised to verify official channels, avoid suspicious links, and never share personal wallet addresses in public chat rooms.

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