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CoinGape 2024-06-25 10:34:14

Shiba Inu Burn Rate Rockets 6000% Sparking Optimism Over SHIB Price Rally

The self-proclaimed Dogecoin killer Shiba Inu once again piqued significant investor interest despite today’s sluggish crypto market. Intriguingly, the meme coin’s price soared, defying broader market trends, primarily attributable to a 6000% upswing in its burn rate. Data from the tracker Shibburn shows over 10 million SHIB burnt over the past day, reverberating optimism for The post Shiba Inu Burn Rate Rockets 6000% Sparking Optimism Over SHIB Price Rally appeared first on CoinGape .

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