Shiba Inu Sets 81 Million SHIB Ablaze as Burn Rate Soars 4,085%

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Shiba Inu (SHIB) burn rate tops 4,085% amid mild price rebound

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The 81,649,878 SHIB burnt is worth roughly $2,039, a valuation that is not enough to trigger a significant uptick in the price of the underlying token.However, the surge in the Shiba Inu burn rate helps in resetting the optimism of community members. It also underscores the community's confidence that when the SHIB burn portal is launched, it will yield the expected results. The ultimate target for Shiba Inu with its burn campaign is to shrink the supply to a level where can be recorded.

 

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