Shiba Inu Burn Rate Achieves Another Milestone

Krutika Adani

Burn Rate Surges 65000%

Shiba Inu had reached another high burn rate of 65,000% a day before yesterday.

Burns 2.6 Million SHIB

The burn rate soared high as Shiba Inu burnt more than 2.6 million tokens within a single day.

Are We Going towards a Higher Burn Rate

Burn figures close to 3 million tokens have become more frequent these days due to the greater network activity in the Shibarium blockchain.

Why Burn Rate Matters in Shiba Inu?

Shiba Inu relies on a high burn rate to decrease its token supply which currently stands around 588 trillion tokens.

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