Shiba Inu Maintains Momentum: 27.66% Weekly Burn Rate Increase Post-WazirX Hack
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Shiba Inu, a prominent memecoin, has demonstrated resilience following the recent WazirX hack, where more than $100 million worth of SHIB tokens were stolen. In response to this significant setback, the Shiba Inu community continues to remain vibrant and engaged.
One of the critical efforts by the Shiba Inu team is the intensified token burn program. The team has successfully increased the token burn rate by 27.66% weekly, which helps to counteract the loss from the hack and stabilize the token's value.
Source: www.fxcryptonews.com ↗
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