ShibaInu burn rate soars in what may stir the needed price recovery
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.The volatility in the broader digital currency ecosystem is clearing away, as showcased in the 0.
Data from Shibburn.com revealed that the burn rate has inched upward by 1,998% from the previous day, with a total of about 1 million SHIB tokens sent to dead wallets. The burn rate has shown some very bearish signs in the past few days, with the figure coming at 0% at some points.
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