Shiba Inu’s burn rate has experienced a remarkable increase of 5545%, capturing the attention of investors and enthusiasts in the cryptocurrency market. This significant surge indicates an enormous burning of over 61 million SHIB tokens.
The primary aim of this token burn is to enhance scarcity and potentially drive up the token's market value, sparking broader market interest.
Furthermore, the use of new tools and strategies on platforms like Binance could influence the token’s future price movements, offering potential opportunities for further price increases.
