The Shiba Inu Burn Rate Surges

The Shiba Inu (SHIB) burn rate has surged recently, with various reports indicating levels of increase. One report shows a surge of 2200%, with 50.06 million tokens burned in a week. Another report recorded an even more impressive increase, up to 6,200% in 24 hours, with over 290,321 tokens burned in a single day. Another report indicated an increase of 1088%, and yet another report noted a rise of 1800% with 500 million tokens removed from circulation. However, there are also reports showing a burn rate increase of 108%, with nearly 100 million SHIB burned in the week, but whale activity has decreased. Another report recorded an increase of 139,103% in 24 hours, with 96.63 million tokens burned. While the burn rate has significantly increased, its impact on the price of SHIB has been mixed, with some reports indicating a slight price increase, while others show volatility and uncertainty about long-term growth.