Shiba Inu $SHIB burn rate soars 8,511% as bulls push for price rebound
The Shiba Inu burn rate saw an astonishing growth of 8,511.59%, with a total of 86,115,940 SHIB sent to dead-end wallets. As seen upon a close observation of the burn rate, the number of destroyed SHIB tokens has been consistently increasing, reviving the meme coin's overall bullish outlook. The Shiba Inu burn rate has always been a key indicator of the token's ability to achieve significant growth or recovery. With SHIB flirting with the $0.00001 resistance level, this burn rate reboot is critical because it can help concentrate bull market effort toward achieving the desired growth target. Following this most recent burning, 410,708,549,032,198 SHIB had been burned in total, bringing the total number of SHIB in circulation down to 581,442,378,236,136 SHIB.
$SHIB
