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Shiba Inu (SHIB) is garnering attention once more due to a significant rise in its burn rate. Recent statistics indicate a 115% increase in the burn rate, with more than 16.1 million SHIB tokens incinerated in a single week. This increase is noteworthy since it diminishes the circulating supply of SHIB, potentially exerting upward pressure on its price if demand remains constant or escalates. #XRPPriceAction #SOLWatch #USDebt36Trillion #Binance240MUsers #shiba⚡
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