Shiba Inu Sees Over 1 Billion SHIB Burned in a Week, But Nuance is Key

Over the past week, more than 1 billion Shiba Inu (SHIB) tokens, specifically 1,053,508,245 SHIB, have been permanently removed from circulation, marking a significant 1,783.10% increase in the weekly burn rate. While this figure appears impressive at first glance, a closer examination reveals a more nuanced picture of the meme coin’s recent deflationary efforts. The … Continue reading “Shiba Inu Sees Over 1 Billion SHIB Burned in a Week, But Nuance is Key” The post Shiba Inu Sees Over 1 Billion SHIB Burned in a Week, But Nuance is Key appeared first on Cryptoknowmics-Crypto News and Media Platform .

Source: Cryptoknowmics