Shiba Inu Burn Rate Soars By 1000%; What’s Next For SHIB Price?

Quick Summary:

The renowned dog-themed meme coin Shiba Inu burn rate has again witnessed a remarkable surge on Friday, up roughly 1000%.

Recent data provided by the token’s burn tracker indicated that over 6 million coins were permanently removed from the asset’s market supply.

At the time of reporting, SHIB price witnessed a gain of slightly over 1% and is trading at $0.00002028.

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Article Details

Category: Crypto

Markets: India

Topics: Shiba Inu (SHIB) 24/7 Cryptocurrency News Altcoin News Shiba Inu news Shib burn Shib burn rate

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 07:45:42 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 380 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 12 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 25394973

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