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Benzinga
Benzinga
Business
Bibhu Pattnaik

Shiba Inu Burn Skyrockets 2,033%, 5.7 Million SHIB Sent to Dead Wallets

Cryptocurrency,Concept.,A,Macro,Shot,Of,Shiba,Inu,Cryptocurrency,Coin

The burn rate of the Shiba Inu (CRYPTO: SHIB) cryptocurrency has experienced a staggering increase of 2,033.51% within a span of 24 hours. This surge is a result of 5,700,223 SHIB tokens being burned during the same time frame.

Over the past week, the burn rate of Shiba Inu has also seen a substantial uptick, with 69,854,289 SHIB tokens being wiped out.

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