Shiba Inu Continues Rally As SHIB Burn Rate Spikes Over 20% In The Past Day
Over the past 24 hours, a significant amount of Shiba Inu (SHIB) has been burned via transactions. SHIB has surged by nearly 4% in the past day, emerging as the second highest gainer among large crypto by market cap after Dogecoin (DOGE).
SHIB is currently in the green, with a 24-hour high of $0.00001144 and a low of $0.00001057. The token is moving upward after recording a sharp decline as of last week.
Over 25 Million SHIB Burned In 24 Hours As a result of the Shiba Inu army’s consistency in burning SHIB tokens , the token’s burn rate has recorded a more than 20% spike in the last 24 hours. According to the Shiba Inu burn tracker, Shibburn , there have been a total of 25,767,627 SHIB tokens burned in the past 24 hours via eight separate transactions.