Shiba Inu (SHIB) Burn Rate Surges Amidst Sluggish Market Activity
Shiba Inu, a notable meme coin and the second largest in the cryptocurrency market has garnered significant attention. The development team has been actively engaged in initiatives like the Shiba Inu Burn Rate program, reflecting their dedication to the coin’s progress. The Shiba Inu burn rate has been subject to fluctuations, with some days witnessing higher numbers while others show a decline. However, in recent times, the burn rate has displayed relative stability, with a consistent daily burn ing of millions of SHIB tokens. Also read: Shibarium Hits Record High While 49 Billion SHIB Change Hands by Whales According to the latest details from Shib burn , the SHIB burn rate has surged by 103% amidst slumping market conditions. SHIB Burn rate soars by 103% Shib burn data shows that 25,433,809 SHIB have been sent to dead wallets in the last 24 hours. Several small and big transactions contributed to the rise in burn rate during this period. The spike in t...