🔥 Shiba Inu's burn rate surged to 2753% – Price hike! 🚀
#SHIB is buzzing!
In the last 24 hours, 6.4 million SHIB tokens were burned, witnessing a tremendous increase of 2753% in the burn rate. 💥
🔍 What is Crypto Burn?
Burning means permanently removing tokens from circulation. This reduces supply and increases demand, which can drive prices up.
📈 Result?
SHIB's price increased by 0.24%, and new life in the community! 🐶🔥
Previously, Dogecoin has also been part of the burn trend.
📊 Supply ↓ = Value ↑
Can SHIB's burn trend make it the hero of the next ALT rally? It will be interesting to see!
