CandleFocus SHIB Burns Collapse, While Shiba Inu Plunges 4.6%
2024-10-08
Author: Content Editor
According to data from the Shibburn platform, the burn rate of Shiba Inu (SHIB) tokens has seen a significant decrease of 89.7% in the past 24 hours. This coincides with a 5% drop in the token's price since yesterday and a 7.62% decline since Monday. However, there has been a slight recovery, with SHIB rising by 2% earlier today. Shiba Inu marketing lead, Lucie, warned the SHIB community about the volatility of the cryptocurrency market and the presence of scammers. Lucie emphasized the importance of staying vigilant and not trusting anyone blindly, as "scammers often support and hype each other." She encouraged the community to be cautious and keep their minds sharp against potential scams and fraudsters.
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