#MarketRebound Shiba Inu Burn Rate Soars 5,440%, Millions of SHIB Destroyed
The Shiba Inu (SHIB) community has significantly ramped up its burn efforts, removing 39.18 million SHIB in the past 24 hours—a staggering 5,440.85% surge in the burn rate. Two major transactions contributed over 32.8 million SHIB to this total.
Over the past week, 139.12 million SHIB have been burned, reflecting a 10.45% increase.
Meanwhile, SHIB’s price has rebounded 3.86% to $0.0000132, benefiting from a broader crypto market recovery as Bitcoin reclaims the $90,000 mark. Investors remain cautious, watching for signs of a sustained rally.
