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CryptoGlobe 2023-03-05 10:15:22

Shiba Inu Burn Rate Skyrockets 8,000% Despite Volatile Crypto Market

Shiba Inu’s token burn rate reportedly surged nearly 8,000% as the SHIB community celebrates the popular mem-based cryptocurrency’s listing on yet another major crypto exchange. According to a report by The Daily Hodl, $SHIB burn tracker Shibburn reported a 7,900% increase in burn rate on Friday, with 43 million tokens burned in a single day.

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