Shiba Inu: Burn Rates Spikes Over 4950% Amidst Market Turmoil
Shiba Inu (SHIB) is without a doubt one of the most well-known cryptocurrency projects. The project has had its share of ups and downs. Furthermore, the SHIB team is working on a number of launches that could result in some positive price action. The failure of the FTX empire had an undeniable detrimental effect on the cryptocurrency market. Almost every cryptocurrency on the market lost value. In the midst of chaos, popular cryptocurrencies such as BTC and ETH saw their values fall. A midst all the drama, the Shiba Inu burn effect has been going through its ups and downs. On certain days, the burn rate seems to be high. However, on certain days, it seems to stoop low. As per the data from Shibburn , there has been a fairly significant increase in the SHIB burn rate over the last 24 hours. Shiba Inu burn rate skyrockets by 4952% As per the details from Shibburn , the Shiba Inu burn rate has gone over the roof by over 4952% in the last 24 hours. 55,567,740 SHIB have...