Shiba Inu Burn Rate Surges 1000

Shiba Inu Burn Rate Surges Nearly 1000%

• The Shiba Inu burn rate increased by 984.58% in the past 24 hours.
• Approximately 16.94 million SHIB tokens were removed from circulation.
• Two wallet addresses burned a total of 14.3 million tokens, with one burning 10 million and another burning 4.3 million.
• The price of SHIB rose over 3%, reaching $0.00001220 from a low of $0.00001183.

The recent surge in the Shiba Inu burn rate resulted in nearly 17 million tokens being removed from circulation, contributing to a price increase exceeding 3% for the cryptocurrency.