Shiba Inu (SHIB) has seen its burn rate skyrocket to impressive heights. This incredible surge in burn rate is causing many to speculate that a price reversal may be on the horizon, as the token’s value continues to experience significant volatility.
As the burn rate of Shiba Inu continues to soar, the cryptocurrency’s fate remains uncertain, leaving investors and enthusiasts alike wondering what the future holds for this meme-inspired token.
Will Shiba Inu be able to maintain its momentum and reach new heights, or will the current volatility lead to a dramatic price u-turn?
Shiba Inu Burn Rate Climbs, Signaling Potential For Price Reversal
Shiba Inu, the popular cryptocurrency inspired by the Shiba Inu dog breed, has experienced an astonishing 30,940% surge in burn rate at the time of writing, according to Shibburn’s data at the time of writing.
But what exactly does “burn rate” mean in the context of cryptocurrencies?
In simple terms, the burn rate refers to the amo
We współpracy z: https://www.newsbtc.com/news/shiba-inu-burn-rate-explodes-31000-will-price-heat-up-as-well/
