Altcoins

SHIB Price: 175 Mln Shiba Inu Burnt This Week, $0.00003 Looms?

Against the backdrop of a weekly price correction witnessed by Shiba Inu (SHIB), the meme coin’s community appears to have recorded the destruction of a whopping 175 million tokens, instilling a ray of hope on the meme coin despite its downside momentum. Per insights revealed by the token’s burn tracker, 174.93 million SHIB tokens, to be precise, have been noted to be burnt over the past week.

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