Web3
Shiba Inu (SHIB) Burn Rate Jumps 725% After Single 20.4 Million Token Transfer
COINOTAG·October 24, 2026·1 min read
Shiba Inu burn trackers logged 20.41 million SHIB burned in 24 hours after a single transfer ended a zero-burn stretch, lifting the daily burn rate by 725%. The transfer marks a significant increase in token burn activity, potentially reducing supply and supporting the token's value.
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