Shiba Inu burn rate up 281% with millions of SHIB burned, will this impact price? ShibArmy SHIBCommunity $SHIB
The amount burned in the last 24 hours was comparatively lesser, with a total of 1,073,047 SHIB tokens burned in two transactions. Meanwhile, the SHIB burn rate is demonstrating an increase of 281%.
Despite this seemingly positive indication, SHIB's price was not left out of bears' action as it significantly fell near the levels it currently trades at. At the time of writing, SHIB trades at $0.0000069, up 1.02% in the last 24 hours and up 3.12% since the past week.
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