Analytics

Shiba Inu Coin Burn Rate Blows Up 2000%, What’s Next For SHIB Price?

08.09.2024

Shiba Inu coin garnered considerable investor enthusiasm on Saturday as its burn rate noted a whopping 2000% uptick. The latest data from Shibburn revealed that over 200 million SHIB taken out of the meme coin’s supply in the past 24 hours. However, despite the surge in burn rate, SHIB price traded in the red zone today. This chronicle, as a whole, has ignited investor speculations on the coin’s future price trajectory amid ongoing and upcoming ecosystem developments.

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08.09.2024
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