Shiba Inu’s Massive Burns With Burn Rate Shooting 2,814%
The post Shiba Inu’s Massive Burns With Burn Rate Shooting 2,814% appeared first on Coinpedia Fintech News
Shiba Inu witnessed a massive burn of 7,912,388 SHIB tokens as the burn rate shot up to 2814%. At least 3 wallets were prominently featured in the burn rate jump, contributing more than 1 million SHIB each to the dead wallet. The biggest wallet helped incinerate a total of 4,320,587 SHIB. While Shiba Inu is currently within the broader digital currency ecosystem, it is gradually faring better. Its daily trading volume surged by 33.35% to $624,883,442 in the last 24 hours, reflecting a mild recovery.
