🔥 **Breaking News: Shiba Inu's Fiery Burn! 🔥**
In the last 24 hours, Shiba Inu experienced a jaw-dropping burn of over 100 million SHIB tokens – a staggering 1,300% increase from the previous day's burn rate! 🚀 This strategic move aims to slash SHIB's supply, already torching 41% of the initial stash, sparking anticipation for a surge in the coin's value over time.
Despite this blazing burn, SHIB's price faced a 4% dip in the last 24 hours and a 3% weekly drop, mirroring the broader crypto market's downturn. But fear not, as the Shibarium layer-2 solution's recent launch holds the promise of future price support! 🌐
🔥 **October Burn Recap:**
Last month, Shiba Inu set the crypto world ablaze by torching nearly 1.5 million tokens, with a record-breaking burn of over 250 million SHIB on October 28th! 🔥💨
The successful execution of the burning program is seen as a bullish element that could fuel a price rally. 📈 Another catalyst on the horizon is the advancement of Shibarium, a layer-2 scaling solution aiming to elevate Shiba Inu above its memecoin rivals by enhancing speed and lowering transaction costs.
**📊 SHIB Vital Stats:**
- 💰 Price: $0.000009 ▲ 2.32%
- 📈 Market Cap: $5,358,321,417 ▲ 2.98%
- 💼 Circulating Supply: 8,966,143,617,937
- 🔥 Burn Rate: 1379.50% ▲ (Last 24hrs: 106,241,658 $SHIB)
💥 **Let's keep the fire burning! Share your thoughts on Shiba Inu's sizzling journey below! 🔥🚀**
#CryptoNews🔒📰🚫 #ShibaInuUpdate #Blockchain #ToTheMoon #Cryptocurrency #TokenBurn #BinanceSquare #CryptoCommunity #ShibaRising 🚀🔥#WhaleAlert #AVAX $BTC $USDC $BNB
