Shiba Inu Token Burn Surges 530%, Igniting Investor Optimism

Shiba Inu (SHIB) is experiencing a surge in interest as its token burn rate skyrocketed 530% in the past 24 hours. This significant reduction in circulating supply, coupled with recent announcements from the project’s lead developer, has fueled optimism among SHIB investors about a potential price increase. Burning tokens strategically reduces a cryptocurrency’s overall supply, The post Shiba Inu Token Burn Surges 530%, Igniting Investor Optimism appeared first on Coin Edition .

Source: Coin Edition