SHIB Burn Rate Jumps 13,100%, Here Are Likely Triggers

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SHIB Burn Rate Jumps 13,100%, Here Are Likely Triggers
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Shiba Inu's burn rate has jumped by another 13,100% to keep April momentum intact

The focus of retail traders has notably shifted away from Shiba Inu and Dogecoin over the past few weeks as new players took centerstage. Chief among these new players is frog-themed meme coin PEPE.listed the asset for trading

on its platform last week in an attempt to fulfill its users' wishes. With PEPE still the focus for both retail and institutional investors, the relevance of SHIB has been pushed to the background. While still maintaining its strides as the second largest meme coin, SHIB has longer-term viability, and this counts as its major attraction for now.

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