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Shiba Inu’s Burn Rate Spikes: Is a Rebound Imminent?

Shiba Inu's Burn Rate Spikes: Is a Rebound Imminent?

Market expert Ali Martinez projects a rebound for Shiba Inu (SHIB) as the burn rate spikes dramatically. Recently, SHIB has experienced a significant decline, with its price crashing to lower levels. Although signs of a rebound appeared on June 16, the dog-themed token continued to fall below the $0.00002 range, marking an 11.28% decrease within […]

Shiba Inu Burns Millions of Tokens as Whale Activity Rises

Shiba Inu Hints at ETF Ambitions, Targets BlackRock

Shiba Inu (SHIB) has experienced a significant surge in its burn rate, skyrocketing by an impressive 3,894%. This surge has resulted in the permanent removal of millions of SHIB tokens from circulation. Token burning involves permanently removing a certain amount of cryptocurrency to reduce its overall supply. This is typically achieved by sending tokens to […]