Shiba Inu Burn Rate Explodes 17,134% in 24 Hours Amid Price Stability

The Shiba Inu (SHIB) community has witnessed a significant surge in its burn rate, which rose by an astonishing 17,134.60% over the past 24 hours, according to Shibburn's October 3 dashboard.

This sudden increase in burn rate has not had a significant impact on SHIB's price, however, as it traded at $0.00000572, down 2.30%. The market capitalization of SHIB also fell by 2.34% to approximately $3.37 billion.