Shiba Inu community burned 420M tokens in 24 hours, increasing the burn rate by 533%.

Nov 12, 2024 Nov 12, 2024

Key transaction from address 0x85…331 burns 412.1 million SHIB in a single move.

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Reducing supply through burns aims to create scarcity and potentially increase SHIB’s value.

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Key wallets' dedicated burns show commitment to reducing inflation and boosting SHIB's appeal.

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SHIB price jumps 10.32% after burns, with ongoing focus on higher burn rates.

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GET MORE INSIGHT ON SHIB TODAY

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