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Shiba Inu burn rate surges 6847% with 297 million SHIB burned, driven by a single large transaction
Shiba Inu's burn rate saw a significant increase of 6847.52% in the last 24 hours, with over 297 million SHIB tokens permanently removed from circulation. This surge was primarily due to a single burn transaction of 297,572,672 SHIB, alongside smaller burns from Uniswap, Coinbase, and Robinhood. In the last seven days, a total of 394.28 million SHIB was burned, increasing the weekly burn rate by 1,821.15%.
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