SHIB Burn Rate Explodes by 4,000% Thanks to a Whale Transaction

The Shiba Inu (SHIB) community has significantly ramped up its token-burning efforts, permanently removing over 1.3 billion SHIB from the circulating supply in just seven days. This intensified deflationary pressure, which includes a dramatic 4,000% spike in the daily burn rate, comes even as the token’s market price has continued to decline. This divergence highlights […] The post SHIB Burn Rate Explodes by 4,000% Thanks to a Whale Transaction appeared first on Coin Edition.