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Shiba Inu Coin Burn Rate Spikes 13000% Amid Pepe Coin Frenzy

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Also Read: SBF Attempts To Flee 10 Of 13 Criminal Charges In FTX Case advertisement Can SHIB Make A Comeback Here? According to the Shibburn data, 1.69 billion SHIB coins have been sent to a dead wallet in multiple transactions over the past 24 hours. SHIBburn rate has spiked by 13150% after the recent burn. It should be noted that this spike has come after a long dry spell not burning many Shiba Inu Coins. Earlier, Coingape reported that the SHIB burn rate is plummeting over time depicting users losing interest in the second largest meme crypto. Caption: Shibburn Shiba Inu price is down by over 18% in the last 30 days. SHIB is trading at an average price of $0.000009, at the press time. Its 24 hour trading is up by 33% to stand at around $185 million. However, Shiba Inu is still the second largest meme crypto with a market cap of $5.16 billion. Trending Stories Dogecoin Price Analysis : DOGE Price Poised fo...