#Shiba Inu burn rate increased by 5,569% in the last 24 hours.

402.7 million $SHIB burned in 7 days, an increase of 1,098.7%.

The price of #SHIB decreased by 6.5% to $0.00001815

#Shiba Burnings on the Inu side occupy a very large place. There has been a remarkable increase in cremations at SHIB by 5,569% in the last 24 hours. Despite the burning, the price did not seem to reflect this. Considering the declines in the cryptocurrency market, it is currently unknown what caused the burns on the #SHIB side.

On the other hand, looking at the performance of the #Shiba Inu price in the last 24 hours, it is seen that it found buyers at the level of 0.00001815 dollars after a decrease of over 6.5%. The mentioned price movement is contrary to the 5,549% burn rate increase that was stated to have occurred. It should not be forgotten that $SHIB also experienced a 16.5% decrease in the weekly outlook, but the burn rate increased by over 1,000%.

While the market volume of $SHIB decreased to 10.5 billion dollars in this period, the 24-hour transaction volume increased to 602 million dollars after a 41% increase.