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Saturday, 04/15/2023 5:20:01 PM

Saturday, April 15, 2023 5:20:01 PM

Post# of 58709
Shiba Inu: SHIB Burn Surges 30981.17%, Will it Touch 2 Billion Next Week?

Vignesh Karunanidhi

April 14, 2023

?Source: Crypto News

Shiba Inu has earned its place as a prominent meme coin. The meme coin has also entered the top 20 cryptocurrency list by market cap. The SHIB team has been quite consistent in terms of development. It is evident from the various initiatives from the meme coin team, including the Shiba Inu burn initiative.

The burn rate has earned quite a reputation for its inconsistent nature. The burn rate skyrockets on some days, whereas on other days it plummets. However, according to the latest data from Shibburn, the burn rate has skyrocketed by 30,981% in the last 24 hours. This period witnessed over 1.5 billion SHIB being sent to dead wallets.

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