Krutika Adani
Over 3.24 million SHIB tokens were burned in just 24 hours, sparking speculation about a potential price rally.
The Shibburn tracker recorded one of the sharpest burn increases in weeks, reducing SHIB's circulating supply significantly.
The Shiba Inu community remains dedicated to reducing supply, fueling hopes of a price surge through scarcity.
Despite the burn, SHIB’s price has dropped 1.6% in 24 hours, currently at $0.00002, with trading volume also down.