Shiba Inu Experiences Massive Burn Surge; Price Optimism Grows
Shiba Inu (SHIB), known for its meme influence, has recently seen a significant increase in its burn rate. With an astonishing surge of 7,418%, over 2 billion SHIB tokens have been burned in just one week. This dramatic reduction in circulating supply has fostered optimism among hopeful investors, particularly as Shiba Inu currently trades near its yearly highs. Investors should keep a close watch on SHIB, as these developments could indicate a further potential for price increases.
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