Shiba Inu has gained serious momentum thanks to a massive 700% jump in its burn rate and bullish comments from Shytoshi Kusama at the Token2049 event in Singapore.
The SHIB token initially surged over 9% on the news but is currently trading with a 0.18% loss in the last 24 hours as the crypto community digests the information.
Source: coinedition.com ↗