Shiba Inu's burn rate increases by 1500% in 24 hours
The strong, massive and dedicated army of Shiba Inu users has once again shown impressive results in the firing sector. In the last 24 hours, they have withdrawn approximately 225,049,340 SHIB coins from circulation. According to information provided by the Shibburn tracking platform, these efforts increased the Shiba Inu's burn rate by around 1,500%. This increase in the burn rate caused the value of the Shiba Inu token to rise slightly, trading at $0.000008839 with a market capitalization of $5.2 billion, which represents an increase of 1. 36% on the last day alone. Experts remain bullish on the Shiba Inu, predicting it will hit $0.000009098 by December 2023.
