Shiba Inu, a popular meme cryptocurrency, has seen a significant boost in its market value. This surge is linked to a sharp increase in its token burn rate.
Recent data indicates that the burn rate has skyrocketed by more than 340% within the last day alone.
The community has successfully burned over 11 million SHIB tokens, contributing to the price surge.
These developments highlight the strong community involvement and its impact on Shiba Inu's market performance.
