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Shiba Inu Undeterred By Market Crash As Burn Rate Surges 404% Bitcoinist 06 Sep 2024

Shiba Inu Undeterred By Market Crash As Burn Rate Surges 404% 🔥

Shiba Inu, an altcoin hit by the recent crypto market crash, has seen a significant decrease from its 2024 highs. Despite this decline, the dedicated community remains undeterred in their mission to reduce the meme coin’s supply through burning.

In the past 24 hours, there has been a notable 404% increase in the burn rate, underscoring the community's commitment to the token's longevity and value.

This surge in burn rate indicates strong community support, even in times of market downturns, highlighting the unique dynamics of the Shiba Inu ecosystem.

Source: bitcoinist.com ↗

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