Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Dec / 22
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- Shiba Inu Burn Rate Spikes 161540%, Where’s SHIB Price Heading?
- Dec 22, 2023 at 04:44 pm CoinGape
- Shiba Inu (SHIB) price spikes as burn rate skyrockets, heading towards impressive growth. In the last month, the meme coin gained over 32%, despite price fluctuations. Within 24 hours, a massive burn rate of 8.5 billion SHIB tokens occurred, contributing to the recent rally. On December 22, 2023, the SHIB burn rate spiked by an astonishing 161,540.53%, with over 8.59 billion SHIB coins burned. Data from Shibburn suggests that in the last seven days, more than 17.22 billion SHIB have been burned. This surge in burn rate continues to push up the price of the meme crypto.
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