Shiba Inu burn rate surges 600% in a day; What next for SHIB price?
The short-term Shiba Inu (SHIB) burn rate has accelerated as the meme cryptocurrency faces increased price volatility. Specifically, the rate surged 612% in the past 24 hours, with over 3.24 million SHIB tokens permanently removed from circulation, according to data retrieved by Finbold from Shib Burn on January 22. SHIB 24-hour burn rate. Source: Shib Burn The continued burning of tokens generally aims to increase SHIB’s value by making it more appealing. Picks for you Trading expert says Bitcoin price could hit this target by March 2025 31 mins ago U.S. economist blasts Bitcoin 'a meme coin’ 3 hours ago Crunch join...