Shiba Inu Burn Rate Spikes Over 300%, What’s Driving It? | Bitcoinist.com

Shiba Inu continues to observe a considerable number of tokens being taken out of circulation, as its burn initiative witnessed a notable rise in the past day, suggesting a strong drive to lower the token’s supply.

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Shiba Inu Burn Rate Explodes Over 4000%, What’s Behind It? | Bitcoinist.com

Shiba Inu burn initiative has yet again experienced a significant rise in its token burn rate, which saw millions of SHIB being sent to the burn address, thereby reducing its circulating supply.

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