The Shiba Inu burn rate experienced a significant surge, increasing by 1,000% last Tuesday and affecting the supply of the cryptocurrency. This remarkable increase in burn rate caught the crypto community's attention, leading them to speculate about the possibility of burning trillions of SHIB tokens in the near future.
According to data provided by Shibburn, a substantial amount of 51.76 million SHIB tokens was burned during the latest burn exercise. This represented a 1,068% increase compared to previous burns, further fueling discussions and predictions about the potential for even larger burns.
