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Shiba Inu Burn Rate Surges Over 14,000%: What This Means for SHIB

  • Shiba Inu burn rate surged over 14,000% in 24 hours, with 32 million tokens burned, boosting community discussions.
  • The burn rate for Shiba Inu (SHIB) tokens has surged by 14,136.14% over the last 24 hours, resulting in the elimination of 32,379,391 tokens.
  • Shibarium, a layer-2 solution, is crucial for reducing the massive supply of SHIB tokens via transaction fee burns.
  • Despite price stagnation, the Shibarium strategy is seen as key to long-term supply reduction and potential value growth.

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