Shiba Inu Faces 60% Drop in Whale Activity Amid Shibarium Decline and Surging SHIB Burn Rate
1 min read
Shiba Inu has entered a consolidation phase, experiencing a notable 60% decline in whale activity. Its Layer-2 network, Shibarium, is also underperforming, evidenced by a significant reduction in active accounts and transactions. Despite these trends, the SHIB burn rate has impressively increased by over 500%, erasing over 10 million tokens from circulation. Discover the latest The post Shiba Inu Faces 60% Drop in Whale Activity Amid Shibarium Decline and Surging SHIB Burn Rate appeared first on COINOTAG NEWS .
Source: CoinOtag
