Sharp Increase in Shiba Inu Token Destruction

SHIB Burn Rate Jumps 515.33% — Will Price Follow Suit?

In a shocking turn of events, the burn rate for Shiba Inu (SHIB) has seen a staggering jump of 515.33%, with roughly 400 million SHIB tokens being burned every month.

The SHIB developer team itself claims that they also transfer roughly 400,000,000 Shiba Inu to unspendable blockchain addresses every month.

Source: u.today