SHIB Burn Rate Spikes 13,198% as Hundreds of Millions of Shiba Inu Get Removed
Prominent burn tracker Shibburn has shared on its website that over the past 24 hours, the pace at which Shiba Inu meme tokens get burned by the community went high in the sky. It happened as several hundred million SHIB were sent to unspendable SHIB wallets. Meanwhile, the popular meme coin has reached a few important milestones related to holders and crypto trading.
The aforementioned crypto tracking platform shows that over the period of the past 24 hours, the SHIB army succeeded in sending 302,506,518 meme coins. This pushed the burn rate up an astounding 13,198%.
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