Key Notes

Shiba Inu saw a total of 9,778,166 tokens disappear from its ecosystem as burn rate spiked by 13,120%.

A total of 410,752,462,168,861 tokens have been burnt from the initial supply.

SHIB price declined by 0.12% within the last 24 hours.

The Shiba Inu SHIB $0.000012 24h volatility: 0.6% Market cap: $7.09 B Vol. 24h: $161.89 M ecosystem has experienced a 13,120% increase in the token burn rate over the last 24 hours. The spike led to the incineration of 9,778,166 tokens. This crunch in SHIB supply is expected to trigger a price rally.

SHIB Price Is Non-complementary to Burn Rate Spike

The Shiba Inu burn rate increased by over 13,120% in just 24 hours, resulting in the permanent destruction of approximately 9.7 million SHIB. So far, a total of 410

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