Shiba Inu Burn Rate Spikes Over 3000%, Shib Whale Transactions At 3-Month High
Shib Burn Spikes Over 3000% In a stunning development, Shiba Inu (SHIB) experienced an astonishing burn rate of 3197.58% in the last 24 hours, resulting in the destruction of 472,351,642 $SHIB tokens. Wallet adress 0x881d5c98866a08f90a6f60e3f94f0e461093d049 has burnt alone over 22,543,426 $SHIB tokens. advertisement Despite the recent burn event, the price of Shiba Inu (SHIB) currently stands at $0.00000758. This is significantly lower than its all-time high of $0.00008845, which was reached two years ago on October 28, 2021. In the past 24 hours, SHIB has experienced a range of $0.000007536 to $0.00000779, indicating a relatively stable trading range. However, the market capitalization of Shiba Inu has faced a slight decline. The current market cap is valued at $4,469,406,075, showing a 2.00% decrease from the previous period. Positive Indicators For Shiba Inu According to data from Santiment , a renowned crypto Analysis firm, the burn has had a profo...