Shiba Inu Burns Surge 1,028% As Price Rallies, Market Cap Dips

Data from Shibburn reveals a dramatic surge in SHIB token destruction over the past 24 hours. The Shiba Inu community has burned 20,633,494 SHIB through five transactions, with the largest single burn accounting for 19,443,692 SHIB locked in an unspendable wallet. This explosive increase in burn rate—up 1,028%—indicates significant whale and community activity aimed at …

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