The Shiba Inu cryptocurrency has seen a remarkable surge in its token burn rate, increasing by over 7,000% within a day. This operation led to the elimination of 279 million SHIB tokens.
This significant increase in burn rate reflects heightened activity and interest in the SHIB ecosystem, potentially impacting the supply dynamics of the cryptocurrency.
The development has attracted attention from the crypto community, highlighting the scalability and token management efforts within the Shiba Inu network.
