The Shiba Inu (SHIB) burn rate has plummeted 91.31% in just 24 hours, adding fresh supply pressure to the meme coin.
This development comes as Apeing, a new contender in the meme coin space, is gaining traction with its live presale stages.
Apeing's Stage 6 presale has already sold over 470 million $APEING tokens and raised more than $109K, with the current stage price set at $0.0006.
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