Shiba Inu Burn Rate Soars 6,200% Today, Over 290k Tokens Destroyed!

The post Shiba Inu Burn Rate Soars 6,200% Today, Over 290k Tokens Destroyed! appeared first on Coinpedia Fintech News

The Shiba Inu burn rate witnessed a massive 6200% surge today. Notably, this has sparked investor optimism globally. As per the latest data available on Shibburn, a 6,223% surge was recorded in the Shiba Inu (SHIB) burn rate in 24 hours. Moreover, 290,321 coins were burned during this period. With this, the SHIB price has experienced impressive growth, especially when investors have moved their focus towards the top meme coins. Further, the total supply has reduced to 589.26 trillion. Notably, about 135 million SHIB tokens were taken out of its supply over the past week.