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$100,000 Shiba Inu Burn Triggers Epic 252,910% Surge, Why Investors Should Beware

  • The Shiba Inu burn rate surged by 252,910% as $100,000 worth of SHIB tokens was burnt in one transaction.
  • The increase in burn rate is typically seen as bullish for the Shiba Inu price.
  • However, the scam detector platform Susbarium warned investors to be cautious about this burn transaction.
  • Susbarium advised investors to consider factors beyond the burn transaction, such as team's background, roadmap, token distribution, and promotions by influencers.

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