Shiba Inu (SHIB) Burn Rate Soars by 2,682% Amid Modest Price Movement
CATCOIN 2 Airdrop Is Live, Claim Instnat 150,000 CAT Tokens Worth Of $150 USDT At WWW. CATCOIN2 .FUN catcoin2.fun/
Shiba Inu (SHIB), a popular Ethereum-based memecoin, recently recorded a massive increase in its daily burn rate, which has caught significant attention in the crypto community.
Despite this impressive surge, SHIB’s price has shown only a slight uptick, remaining relatively stable around $0.000018 over the last day.
According to information shared by the Shibburn team, the burn rate spiked by 2,682%, although SHIB’s market value appeared largely unaffected by this development.
Recent data has revealed that over 18.6 million SHIB tokens were burned within a 24-hour period, yet this significant reduction in supply led to only a minor 0.49% increase in SHIB’s price, which continues to hover around $0.00001813.
