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CoinOtag 2024-07-22 19:28:55

Shiba Inu Faces 60% Drop in Whale Activity Amid Shibarium Decline and Surging SHIB Burn Rate

Shiba Inu has entered a consolidation phase, experiencing a notable 60% decline in whale activity. Its Layer-2 network, Shibarium, is also underperforming, evidenced by a significant reduction in active accounts and transactions. Despite these trends, the SHIB burn rate has impressively increased by over 500%, erasing over 10 million tokens from circulation. Discover the latest The post Shiba Inu Faces 60% Drop in Whale Activity Amid Shibarium Decline and Surging SHIB Burn Rate appeared first on COINOTAG NEWS .

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