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Shiba Inu (SHIB) Burn Rate Explodes by Over 2,000,000%: What’s Happening?

What happened

The second-largest meme coin by market capitalization has posted a substantial price decline of more than 10% over the past week. However, the renewed spike in the Shiba Inu burn rate hints that a relief rally might be on the way. Shibburn – the X account showing the burn.

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