Shiba Inu Burn Rate Rockets 2,349% but Just $5 Burned: What's Happening?
Photo: U.Today
Shiba Inu 's daily burn rate has jumped 2,349%, but the real figure behind the surge remains surprising. Despite the sharp rise, the total value of Shiba Inu tokens burned during the reported period amounted to just about $5. According to the Shibburn page, Shiba Inu burn activity rose 2,349% in the last 24 hours, with 1.10 million SHIB burned in the timeframe, amounting to just $5 in monetary terms. This highlights how a relatively small number of token burns can produce a striking percentage increase when activity in the preceding period is low.
Source: U.Today
