Shiba Inu Burn Rate Sees Major 600% Jump In Only 24 Hours, Will SHIB Price Follow Suit?

On-chain data has unveiled an impressive surge in the Shiba Inu burn rate, skyrocketing by more than 600% in just one day. This sharp rise in token burns indicates a growing interest in decreasing the overall supply of SHIB. Moreover, it has raised the possibility that the SHIB price could follow suit, as increased token burn often influences a cryptocurrency’s price movements.  Shiba Inu Burn... source: https://www.newsbtc.com/shiba-inu/shiba-inu-burn-rate-surges/