Shiba Inu Burn Rate Jumps 674% — Yet the Price Refuses to Move
Key Takeaways: Shiba Inu Burn Rate Skyrockets — But It’s an Empty Signal Over 12 million Shiba Inu (SHIB) tokens were destroyed in the last 24 hours, marking a massive 674% jump in the meme coin’s burn rate. On paper, a shrinking supply might suggest rising scarcity and potential value appreciation. Yet, for Shiba Inu,…