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SHIB Burns Jump 936%, Price Reacts Unexpectedly
The world of cryptocurrency has witnessed yet another unexpected and astonishing event in the last week. In a surprising turn of events, the Shiba Inu (SHIB) community has successfully burned an unprecedented 62,381,241 SHIB coins, a staggering 936% increase from the previous day’s burn rate.
As a result of this massive token burn, the price of SHIB has responded in a way that was not expected by most analysts and investors. The market capitalization of SHIB has taken a hit, with a decline of almost 60%.
Source: u.today
