Shiba Inu Burn Record Tanks 79%: SHIB Price To Soar Or Snore?

While some seasoned crypto analysts are reigniting talks about another leg in the memecoin supercycle, some factors say the enthusiasm hasn’t reached its peak yet. Namely, Shiba Inu burning mechanism flopped by 79% in a single day, bringing the collective daily burn record to just two transactions. https://twitter.com/shibburn/status/1924736897143673033 Presently, there’s 8,258,774 Shiba Inu tokens burned in a 24-hour time span, equalizing to $119.58, according to info from CoinGecko. This falls within one of the quietest days in terms of Shiba Inu (SHIB) burn this month, as SHIB nears a crucial price threshold. Indeed, IntoTheBlock’s data shows that the $0.000015

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