The Shiba Inu burn rate has surged by over 7,400% in the last 24 hours 🔥🔥🔥

According to data provided by Shibburn, the asset’s burn rate has skyrocketed by over 7,400% in the past 24 hours, meaning more than 369 million $SHIB were sent to burn address . The total assets removed from circulation in the last week surpassed 630 million.

The burning program adopted by Shiba Inu aims to reduce the overall supply of the token and potentially make SHIB more scarce and valuable in time. Its price has been on an uptrend lately, rising over 12% on a weekly basis. #crypto2023