Shiba Inu’s 5500% Burn Rate Gets Its Price Rallying

The post Shiba Inu’s 5500% Burn Rate Gets Its Price Rallying appeared first on Coinpedia Fintech News

Shiba Inu’s price is rallying as the SHIB burn rate goes 5564% today with 26 million coins burnt as per that data on Shibburn. At the press time, SHIB’s total supply was 589.27 trillion coins with a staggering 410.72 trillion tokens burnt to date. Shiba Inu’s price had an uptick of 1.89% in the past 24 hrs currently trading at $0.00002337. A potential price rise continues to be awaited by the crypto market attributed to its recent massive burning activity and developments like its inclusion in VanEck’s memecoin index.