Shiba Inu's token burn rate has skyrocketed by over 2,600% in just one day. This significant increase is driven by the community's active efforts to burn tokens, a strategy aimed at potentially increasing the value of the remaining tokens.
The surge in token burns indicates strong community involvement and a concerted effort to influence the token's market dynamics. Despite the dramatic increase in the burn rate, it remains to be seen how this will affect the overall value of Shiba Inu in the long term.
