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coinpedia 2024-05-20 06:27:10

Shiba Inu Burn Rate Surges 500%, Sparks Market Optimism

The post Shiba Inu Burn Rate Surges 500%, Sparks Market Optimism appeared first on Coinpedia Fintech News According to Shibburn, the burn rate of Shiba Inu has surged by more than 500% today, inducing optimism about potential price movements. Despite this hike, SHIB traded in the red. The meme coin, often referred to as the “Dogecoin killer,” witnessed a significant decline in supply with the burning of 9.83 million tokens, especially from …

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