Shiba Inu (SHIB) Burn Rate Slumps, But There's a Catch

UToday
SHIB-0,27%

Shiba Inu (SHIB) is consolidating after a massive rally that saw its price jump as high as $0.0000303, its highest price level since April. Shiba Inu has also drastically fallen in its burn rate metric and sliding prices. Data from Shibburn shows that approximately 4.2 million SHIB have entered burn addresses in 24 hours, with the metric falling by 94%.

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