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CryptoGlobe 2023-09-29 00:00:00

$SHIB Burn Rate Skyrockets by 940% as Shibarium Transactions Keep Rising

The burn rate of the meme-inspired cryptocurrency Shiba Inu ($SHIB) has surged by over 940% over the last 24-hour period, which means that over 164 million SHIB tokens have were sent to dead wallets and effectively removed from the circulating supply. According to data from burn tracking platform Shibburn, these burns occurred in a total

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