Shiba Inu (SHIB) Burn Rate Skyrockets by 30,000%

Almost 4 million SHIB tokens have been removed from circulation in the last 24 hours.

Shiba Inu’s burn rate has significantly increased, indicating a strong push to reduce the token’s circulating supply, which could boost its value over time.

The development of Shibarium, aimed at enhancing the ecosystem by reducing fees and increasing transaction speed, is viewed positively for SHIB’s future price potential.

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