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Shiba Inu Burn Rate Spikes 173,579% in 24 Hours but Its Price Has Nothing Much to Show for It

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Shiba Inu Burn Rate Spikes 173,579% in 24 Hours but Its Price Has Nothing Much to Show for It

The Shiba Inu burn rate has spiked considerably in the past 24 hours, yet its price has remained almost redundant, failing to reflect this positive activity. Shiba Inu burns recorded a massive spike from yesterday's figures, as market proponents doubled down on efforts to reduce the memecoin’s large supply.

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