Shiba Inu Burn Rate Sees a 97% Decline
Shiba Inu is a prominent meme coin, earning its place as the second largest meme coin. The team behind SHIB has shown consistent efforts towards its development, as evident from its various developments, such as the Shiba Inu Burn initiative. The SHIB burn rate as of today though, has dropped dramatically. The burn rate of SHIB has gained a reputation for its fluctuating nature, with some days experiencing a significant increase while others see a decline. The burn rate has been quite consistent over the past few days, with billions burned every day. On certain days, the burn rate has also soared by over 8,000%. Also read: Terra’s Do Kwon Faces Bail Revocation in Montenegro However, according to the latest data from Shibburn , the burn rate has dropped by -97% in the last 24 hours. Source: Shibburn Shiba Inu burn rate drops by -97% The latest data shows that only 30,242,040 SHIBs were sent to dead wallets in the last 24 hours. This has also sent the Shiba Inu