Shiba Inu Burn Rate Skyrockets 200,000% in 24 Hours – Is a Price Surge Next?

What happened

The second-largest meme coin in terms of market capitalization has retraced by 3% in the past week and currently trades at around $0.00001223 (per CoinGecko’s data). However, data shows that the burn rate has skyrocketed by over 200,000% in the last 24 hours, resulting in.