Shiba Inu Burn Rate Explodes 2,416% as 53.8M SHIB Tokens Torched, Price Jumps 4.8%
In a fiery display of community-driven deflationary action, the Shiba Inu (SHIB) ecosystem just witnessed one of its most intense token burn events to date. A staggering 53.8 million SHIB tokens were permanently removed from circulation in the last 24 hours, causing the burn rate to skyrocket by 2,416%, according to data from Shibburn. This…