June 8, 2025

Shiba Inu (SHIB) Burn Rate Soars by 2,682% Amid Modest Price Movement

1 min read

Shiba Inu (SHIB), a popular Ethereum-based memecoin, recently recorded a massive increase in its daily burn rate, which has caught significant attention in the crypto community. Despite this impressive surge, SHIB’s price has shown only a slight uptick, remaining relatively stable around $0.000018 over the last day. According to information shared by the Shibburn team,

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Source: CoinOtag

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