Markets
Shiba Inu (SHIB) Burn Rate Jumps 17,134% in 24 Hours
COINOTAG·October 5, 2026·1 min read
Shiba Inu's burn rate surged 17,134.60% in 24 hours, according to Shibburn data, reducing supply as the price recovers toward $0.0000059 after a weekend dip. The dramatic increase in token burns reflects community efforts to decrease circulation and potentially support price stability.
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