July 15, 2025

Shiba Inu (SHIB) Burn Rate Surges by 459% but Prices Plummet Despite Deflationary Pressure

1 min read

The SHIB burn rate has experienced a staggering surge of 459% within the past 24 hours. Despite the significant deflationary actions, SHIB continues to decline, revealing a disconnect between burn rates and market performance. “Dogecoin killer Shiba Inu’s burn rate soars by 459%, large transactions witness a twofold jump. However, deflationary pressure failed to push

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