Shiba Inu Surges: Burn Rate Hits 8500%
Shiba Inu ($SHIB) burn rate surged 8500% on July 3, burning 17.71M tokens. Key wallets: 0x608… (7.77M) and 0xa2d… (4.17M). Despite a downtrend, this could trigger a 28% rebound if support at $0.00001688 holds. Currently, $SHIB trades below its 50-day and 200-day EMAs. #CryptoNews