Shiba Inu Coin Burn Rate Soars 3010% With 232M SHIB Burned 🔥
The Shiba Inu coin burn rate skyrocketed by 3010%, burning 232 million SHIB tokens. Despite the recent decline in SHIB's price, which dropped below $0.000022, the community initiated significant token burns to positively influence its value.
Data from Shibburn shows a surge in the burn rate, with 232.64 million SHIB tokens incinerated in multiple transactions. One notable wallet burned 225.63 million SHIB in a single transfer. The total number of burned SHIB tokens has now reached 410.72 trillion.
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