SHIB's Burn Fire Rages 500% Higher: Will Price Catch Up?

Shiba Inu’s community is back blazing spare SHIB tokens to increase scarcity, judging from the latest burn tracking records from Shibburn. The 500% upswing since yesterday is mostly thanks to one particularly-large transfer, splashing 10,491,803 tokens in one go. Presently, there’s 589.25 trillion SHIB tokens still in circulation, a huge drop from the initial 999 trillion tokens. Out of those, approximately 585 trillion can be used for trading, while another 3.73 trillion remain staked for long-term holdings. Roughly 82 trillion remain on major crypto exchanges, but the supply crunch from 140 trillion in a year has raised eyebrows -

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