Shiba Inu (SHIB) has experienced a decrease in its burn rate, with less than a million SHIB being sent to dead wallets in the past 24 hours. This marks the lowest burn rate seen in weeks. The total amount of Shiba Inu tokens burned so far is 410,742,905,471,145 SHIB, while the circulating tokens are at 584,163,863,061,304 SHIB. Despite the decrease in burn rate, this may not be a negative sign for Shiba Inu and could potentially lead to a significant burn figure that could impact its price. The token has seen a correlation between burn rate and price, with a 2.66% decrease in the past 24 hours. However, there are indications of a potential rebound in the near future.
- Content Editor ( u.today )
- 2024-12-30
Shiba Inu (SHIB) Burn Rate Falls to Lowest Level in Weeks