$SHIB 🦊🔥 Shiba Inu Burn Rate Soars Over 300% – What’s Driving the Surge?
In a surprising move, the Shiba Inu (SHIB) burn rate has increased by more than 300% in the last 24 hours, according to data from Shibburn.
Over 120 million SHIB tokens were sent to a burn wallet, drastically reducing supply and catching the attention of investors and analysts alike.
📈 What’s causing this burn?
Higher transaction volumes.
Community-led burn campaigns.
Anticipation for new features in the Shibarium ecosystem.
🔥 SHIB holders are calling it a “silent rally,” and many believe this could build long-term momentum if the burn trend continues.
💬 Do you think SHIB can reach a new all-time high in 2025? Let’s discuss below!
