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SHIB Burn Rate Shoots Up 33000% As ‘Dogecoin Killer’ Ignites Meme Coin Frenzy Coingape 27 sept. 2024

SHIB Burn Rate Shoots Up 33000% As ‘Dogecoin Killer’ Ignites Meme Coin Frenzy 🚀

Shiba Inu, often referred to as the Dogecoin killer, sparked considerable enthusiasm in the broader cryptocurrency market on Friday, with a remarkable 33,000% surge in its burn rate.

This incredible increase in the SHIB burn mechanism translated into a more than 20% spike in SHIB price within just 24 hours.

The impact of this event reverberated through the meme coin sector, creating a frenzy among investors and rendering the SHIB coin a significant topic of interest.

Source : coingape.com ↗

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