Shiba Inu's burn rate is showing a slow but notable recovery after weeks of relatively low burn activity, according to the latest figures from Shibburn. The data reveals that SHIB's daily burn rate surged by 111.43%, with a weekly increase of 19.48%, signaling a return of momentum to SHIB's deflationary mechanism. Although these weekly numbers may not match the historic triple-digit burn surges, the uptick is sparking optimism in the SHIB community. Previously, the team scaled back burn activities, reflecting weak on-chain demand and subdued trading interest. However, this renewed burn trend suggests that things might be heating up again.
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