Shiba Inu Burn Rate Explodes by 1,200%: Is SHIB Poised for a Bull Run?

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Shiba Inu’s burning rate increased significantly by over 1,000%, as part of efforts to decrease its supply and enhance value.

The popular meme coin – Shiba Inu – has once again witnessed a substantial number of tokens removed from its total circulating supply.by 1,200% in the past 24 hours, resulting in over 51 million assets being destroyed. This represents approximately 30% of all the assets sent to a null address in the last seven days.

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