SHIB Burn Rate Soars 502% as Shiba Inu Strives for Big Rise

.Shibburn rate surged 502% as the $SHIB army keeps burning persistently

has substantially advanced in removing SHIB meme tokens from the circulating supply.

Still, despite the fact that the percentage growth is high, the actual amount of burned meme coins leaves a lot to be desired this time. In the meantime, SHIB has been striving to rise in price today. It has managed to rise by around 3.27% twice, hitting the $0.00001260 level but then each time dropping back down.The rate at which circulating Shiba Inu coins are being removed to dead-end wallets right now has shown growth of roughly 502%. However, the amount of SHIB taken out of circulation this way equals merely 6,010,896 dog-themed tokens.

Burning means sending tokens to unspendable wallets. This way, they are taken out of the circulating supply for good. This way, in theory, a token is made more scarce, which may lead to a significant price surge.

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