Altcoins

Shiba Inu Burn Rate Leaps 2955% Amid ETF Talks, Will SHIB Price Recover?

11.06.2024

Despite the ongoing bearish trend, the Shiba Inu (SHIB) meme coin has caught the attention of the crypto world due to a staggering increase in its token burn rate. According to Shibburn, the platform dedicated to tracking the incineration of SHIB tokens, the burn rate surged by nearly 2955% on Tuesday, June 11. Moreover, the community is also hyped owing to recent discussions around a SHIB ETF.

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11.06.2024
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