CandleFocus

Shiba Inu Burn Rate Soars 6200%, SHIB Price To $1 Possible?

The Shiba Inu cryptocurrency experienced a significant increase in its burn rate, meaning that more tokens are being removed from circulation. This has led to increased investor optimism and speculation about how this will affect the price of the meme token. As a result, the price of SHIB rose significantly on Monday, further fueling optimism about future market movements.

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