Shiba Inu Burn Rate Explodes by 1307% as 46 Million Tokens Are Removed

Shiba Inu's daily burn rate has surged by an astonishing 1307% after 46.25 million tokens were removed from circulation in the past 24 hours.

The significant increase in the burn rate is reflected in the token's value, with a weekly total of over 126 million SHIB being burned, equivalent to approximately $678.

Despite this substantial amount of burning, the price of SHIB has remained relatively stable at around $0.0000052, showing no significant decline.