Shiba Inu Sees Incredible Surge In Burn Rate; ATH On The Horizon?

Shiba Inu Sees Incredible Surge In Burn Rate; ATH On The Horizon?

Shiba Inu Price Drops 20% as Whale Moves 4 Trillion SHIB—Is a Sell-Off Incoming?

The post Shiba Inu Sees Incredible Surge In Burn Rate; ATH On The Horizon? appeared first on Coinpedia Fintech News

Shiba Inu has witnessed an incredible rise in burn rate, sparking hope among investors that the meme coin could reach its previous all-time high (ATH). In recent weeks, its burn rate has bounced by an incredible 6,223%. According to the latest data, within 24 hours, 281,875 SHIB were burnt. More than 410 trillion SHIB have been destroyed in recent months, bringing the circulating supply down to about 583 trillion tokens. In the last 24 hours, SHIB has also jumped 4.98% in price and is trading at $0.000025. 

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