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SHIB Burns up 1,693%, Mammoth SHIB Chunk Gone
A staggering surge in the Shiba Inu’s burn rate has been recorded by Shibburn, a prominent wallet tracker. The data revealed that an enormous amount of meme coins was transferred to virtual furnaces and irretrievably lost forever.
As per the report, the seven-day burn rate has skyrocketed by a whopping 1,693%. This monumental shift is largely attributed to an anonymous wallet that contributed a mammoth 1 billion SHIB towards the inferno.
Source: u.today
