🔥 Shiba Inu (SHIB) Burn Rate Falls to Lowest Level in Weeks ☀️
👀 Shiba Inu (SHIB) is experiencing a significantly reduced burn rate, raising concerns about the network's overall health. According to Shibburn data, the burn rate has plummeted by 88.65% over the past 24 hours. With less than one million SHIB tokens transferred to dead wallets, this marks the lowest burn rate recorded in weeks.
SHIB Burn Drops Before Potential Rebound
According to Shibburn data, exactly 606,465 SHIB tokens were sent to dead wallets, removing them from circulation. The burn activity involved a single wallet, "0x56f…80b5," which executed the transaction approximately 12 hours prior to the time of reporting.
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