Crucial Shiba Inu ($SHIB ) metric skyrockets 2,8140%, this might help fuel price reboot.

#Shibalnu

Shiba Inu (SHIB) is on a very tight leash as the price continues to nosedive in consonance with the broader digital currency ecosystem. At the time of writing, Shiba Inu is down by 2.37% in 23 hours to $0.00002234, but this slump is buoyed by the 2,814% surge in the token’s burn rate.

Data from Shibburn pegs the actual Shiba Inu burnt at 7,912,388 SHIB, a figure that is a massive liftof from around 200,000 tokens incinerated earlier on Monday. At least three wallets featured prominently in the burn rate jump as they contributed more than 1 million SHIB each to the dead wallet.

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