Shiba Inu (SHIB) is witnessing a significant recovery, attributed to a remarkable increase in its burn rate for the second time in a row. Previously, on October 14, it saw an astonishing 14,575% spike in burn rate.
The upward momentum continues as the burn rate has now surged by another 7,911%. This continuous rise highlights the market's interest and potential future implications for Shiba Inu's market performance.
Overall, a total of 281,888,884 SHIB tokens have been effectively burned, drawing attention from investors and sparking discussions about the possibility of a substantial price breakthrough in the near future.
