SHIB Burn Rate Explodes by 4,000% Thanks to a Whale Transaction
The Shiba Inu (SHIB) community has significantly ramped up its token-burning efforts, permanently removing over 1.3 billion SHIB from the circulating supply in just seven days. This intensified deflationary pressure, which includes a dramatic 4,000% spike in the daily burn rate, comes even as the token’s market price has continued to decline.
2025-07-04 23:15:00