May 23, 2025

Shiba Inu Burns Surge 466% But Price Drops 22% Amid Market Volatility

1 min read

Shiba Inu, a popular dog-themed cryptocurrency, has recorded a significant 466% surge in token burns this week, yet paradoxically, its price has fallen by 22%. Through the Shibburn X account, it was reported that 364,382,742 SHIB tokens were incinerated over the past seven days, highlighting a substantial effort by the community to reduce supply. Nevertheless,

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Source: CoinOtag

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