Key SHIB Metric Collapses Despite 5% SHIB Price Recovery

Important Shiba Inu metric has shown staggering plunge into red territory, while price is moving in opposite direction

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It should be said that these burns tracked by Shibburn are the result of efforts applied only by the SHIB community – average users, both retail investors and entrepreneurs, who choose to lock in their SHIB forever voluntarily, so daily burns often vary from very low values to impressively high ones reaching several tens of millions of Shiba Inu. So far, there have been only two transactions, carrying 944,911 and 200,000 SHIB to dead-end addresses.

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