Shiba Inu (SHIB) Burns 379 Million Tokens in July: Deflationary Trend Surges 1,529%
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In July, Shiba Inu (SHIB) experienced significant activity, with a notable increase in token burns aimed at establishing a deflationary trajectory.
Data from Shibburn highlights that the burn rate surged 1,529%, indicating a massive reduction in the token supply.
The increased burn rate is part of efforts to make the cryptocurrency more valuable by introducing scarcity.
Source: en.coinotag.com ↗
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