Shiba Inu Burn Rate Soars, Fueling Price Recovery
Surge in Burn Rate The Shiba Inu (SHIB) burn rate has skyrocketed by over 17,000% in the past 24 hours, according to Shibburn. This surge has seen a massive 56 million SHIB tokens burned. Impact on Price The burn initiative has been instrumental in boosting SHIB’s price, which has recently made a notable recovery. Large-scale…