Following a week of remarkable activity, the Shiba Inu burn rate has seen a precipitous drop in recent days. When compared to the data from the previous day, the number of SHIB tokens that were burnt in the most recent day has decreased, which indicates that there has been a decline in the amount of involvement in the process of burning the meme currency.
10% decrease in the Shiba Inu burn
The Shiba Inu burn rate has decreased by about 11% over the course of the last day, according to statistics that can be found on the Shibburn website. This comes after the previous day, which had an exceptionally high spike of one hundred percent, with more than two hundred million SHIB tokens being burnt in the span of twenty-four hours.
On the other hand, Thursday has begun with a performance that is less captivating than usual, after the burning of less than 150 million tokens. When compared to the performance of the previous day, the overall burn rate for the day, which came out to around 147.57 million SHIB, shows a decrease of 10.88%.
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