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CoinGape 2024-06-18 06:55:37

Shiba Inu Burn Rate Jumps 12842%, Will SHIB Price Recover From Crash?

The Shiba Inu (SHIB) meme coin has been grappling with a massive price crash lately, plunging over 10%. However, the doge-themed crypto has recently garnered significant attention due to a substantial increase in its token burn rate. According to Shibburn, a platform dedicated to tracking SHIB token destruction, the burn rate skyrocketed by approximately 16,600% The post Shiba Inu Burn Rate Jumps 12842%, Will SHIB Price Recover From Crash? appeared first on CoinGape .

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