Shiba Inu Coin Burn Rate Surges 3010%, 232M SHIB Tokens Incinerated 🔥
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The burn rate for Shiba Inu coin has surged by an astonishing 3010%, resulting in the burning of 232 million SHIB tokens. Despite SHIB's recent price decline, falling below $0.000022, the community has initiated significant token burns to bolster its value.
Data from Shibburn indicates a substantial increase in the burn rate, with 232.64 million SHIB tokens destroyed across multiple transactions. Notably, one wallet incinerated 225.63 million SHIB in a single transfer. The total number of burned SHIB tokens now stands at 410.72 trillion.
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