Shiba Inu ($SHIB) Burn Rate Soars by 12,000% Despite 11% Price Drop in Market Downturn

The Shiba Inu ($SHIB) token burn rate has surged by an extraordinary 12,000%, reaching 11.9 million tokens, amid a dip in the cryptocurrency’s price. Shibburn has reported a massive spike in burn activity, highlighted by a single transaction moving 5.1 million tokens to a dead wallet, permanently removing them from circulation. Since its inception, approximately

Source: CoinOtag