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TheNewsCrypto

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SHIB Burn Rate Explodes 2024%, Yet Price Remains Sluggish

  • Shiba Inu (SHIB) trades around the $0.00001471 range with a daily trading volume of $280 million.
  • Shiba Inu's burn rate has surged by 2024.03%, with 30.15 million tokens burned in the last 24 hours.
  • The Shiba Inu ecosystem has burned a total of 410.74 trillion SHIB, leaving over 584.32 trillion tokens in circulation.
  • The technical indicators suggest a bearish trend with the price finding support at $0.00001468 and resistance at $0.00001503.

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