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Shiba Inu Burn Rate Skyrockets: Will SHIB Price Rebound Last? Fxcryptonews 11 sept. 2024

Shiba Inu Burn Rate Skyrockets: Will SHIB Price Rebound Last? 🚀

The Shiba Inu (SHIB) ecosystem has experienced a notable increase in activity over the past 24 hours due to overall market volatility.

A significant development is SHIB’s deflationary mechanism, resulting in an astounding 8,193% spike in the token’s burn rate, as reported by Shibburn.

This surge raises questions about the sustainability of SHIB's price rebound.

The article first appeared on FXcrypto News.

Source : www.fxcryptonews.com ↗

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