ShibaInu burn rate may trigger a new price run for the memecoin
, down by 1.45% over the past 24 hours and by more than 11% for the week., is experiencing a parabolic run at the moment. The burn rate has now surged by 1,076% as more than 10.5 million SHIB tokens have now been sent to dead wallets.The Shiba Inu burn rate is a ready go-to metric to observe and judge a healthy network outlook, with and with its positive turn, we can deduce that there is a bullish fundamental behind the SHIB token.
The growth of Shiba Inu as the week evolves, however, now hinges on whether or not the transactions are tilted toward SHIB accumulation.
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