24-hour Shiba Inu (SHIB) burn rate increases 3641%, removes 71.18 million tokens from circulation amid ETF speculation.

Dog-themed meme coin Shiba Inu (SHIB) recorded a massive 3641% increase in its burn rate in the last 24 hours, with about 71.18 million SHIB tokens removed from circulation. The burn rate spike coincides with speculation about a potential SHIB ETF, attracting significant attention from the crypto market. The project has a total supply of 2.2 billion tokens, with 35% allocated to the presale.

July 11, 2024
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