$SHIB
Over 460 Million SHIB Burned, Shiba Inu Price Surges
On November 11, 2024, over 460 million Shiba Inu (SHIB) were burned and removed from the current circulating supply. This figure represented a 1,000% increase in the Shiba Inu burn rate.
This information was released by Shibburn, an on-chain analysis site of this memecoin that has a dog as its symbol and its creation was inspired by Dogecoin (DOGE)
Coinciding with this burn, the price of SHIB rose today from $0.000024 to $0.000027, according to data from CoinMarketCap, recovering a trading zone that had not been recorded since the end of May 2024.
