Shiba Inu Cryptocurrency Burn Rate Skyrockets: 1600% Increase, 89 Mln SHIB Tokens Burned by Communit

Shiba Inu Burn Rate Soars: 1600% Increase as Community Burns 89 Mln SHIBThe burn rate of the Shiba Inu cryptocurrency has experienced a remarkable increase of 1600%, resulting in the burning of 89 million SHIB tokens by the community. This significant development has garnered considerable attention on a global scale, as the Shiba Inu meme coin continues to attract widespread interest within the cryptocurrency community. Operating prominently on the Ethereum blockchain, the surge in burn rate has once again sparked discussions and speculations within the broader crypto market. According to on-chain data, the burning of over 36 million SHIB tokens in the past day has captured the interest of crypto market participants and enthusiasts alike.