$SHIB Burn Rate Skyrockets 800% According to data from Shibburn Tracker, #Shiba Inu burned more than 100 million tokens, an increase of over 800% in the last 24 hours. This increased market optimism for the meme coin as supply tightened. Additionally, several bullish factors further strengthen the optimism of a potential bull run for $SHIB .

The data of #Shibburn showed that there was an 859.83% increase in the burning rate as a result of the burning of 107.08 million #SHIB tokens in the past day. It has been recorded that a total of 410.72 trillion #SHIB has been removed from the supply to date. However, despite the significant number of coins burned, $SHIB has traded sluggishly over the past 24 hours, sparking inferences surrounding its future movements.