SHOCKER!!!
$SHIB burn rate hits 430%
Today, March 15, marks a notable event within the Shiba Inu community as a massive transfer of tokens to a dead wallet has significantly increased the burning rate of SHIB. This surge in burning activity has garnered attention in the global crypto space. Despite this uptick in burning, SHIB experienced a considerable decline in price today, leading to speculation among crypto enthusiasts about the coin's price behavior. Over the past month, SHIB has seen a nearly 200% increase, generating interest among investors. Recent enhancements to the Shiba Inu ecosystem have contributed to positive sentiments, but the significant drop today has prompted concerns about SHIB's future price movements.
Could this bring about a massive price rally from the meme token?
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