#Shiba Inu's Burn Rate
soars 8,470 % : Why it
keeps burning billions
-And what it means
for investors#shiba Inu's ( SHIB ) burn rate has surged by a
staggering 8,470 % after an anonymous wallet
transferred 1 billion SHIB tokens to a burn address .
This large - scale burn , along with additional
community efforts , aligns with Shiba Inu's long-
term strategy to reduce its token supply . The
increased scarcity could potentially boost SHIB's
value , but investors should exercise caution and
conduct thorough research before makin
