Shiba Inu Burn Rate Rockets 140,000%, Fueling 6% Price Surge
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Shiba Inu's burn rate has surged by an astounding 140,000%, significantly impacting the crypto market. This dramatic increase has led to a 6% rise in the price of Shiba Inu. In addition, there has been a noticeable uptick in transaction volumes and daily active addresses for the cryptocurrency, indicating heightened market activity and interest.
The burn mechanism is considered a deflationary tactic, aiming to reduce the total supply and potentially increase the value of the remaining tokens. This recent activity suggests positive investor sentiment and a stronger community backing Shiba Inu.
Sumber: en.coinotag.com ↗
Artikel Serupa (126)
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