Shiba Inu (SHIB)

🔥 Shiba Inu Burn Rate Surges 491%

Shiba Inu's burn rate jumped 491% over the past 24 hours, with 37.52 million $SHIB tokens permanently removed from circulation, according to data from Shibburn. The increase in burns follows a week of selling pressure across major cryptocurrencies, which have reached their weakest levels in months.

37.52 million SHIB vanish amid 491% explosion in Shiba Inu burn activity https://t.co/sujqXcGtB0

A reported 1,418% collapse in $SHIB futures flow highlights a sharp bearish shift in trader positioning across both spot and derivatives markets https://t.co/LReL41ZXSc