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SHIB Burn Rate Jumps 428,862% in a Single Day

COINOTAG·October 28, 2026·1 min read
SHIB Burn Rate Jumps 428,862% in a Single Day

Shiba Inu's daily burn rate surged 428,862% in a single day, the steepest increase recorded this month. The reading, published Wednesday, October 28, reflects a massive spike in tokens sent to dead addresses. The burn event could reduce supply, potentially impacting SHIB's price dynamics.

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