Shiba Inu Burn Rate Drops Despite Massive Token Transfer

The Shiba Inu (SHIB) ecosystem has seen a significant number of tokens removed from circulation, with over 59.4 million SHIB sent to anonymous “burn” wallets in the past seven days. According to the Shibburn tracker, this substantial transfer of meme coins was primarily driven by three large transactions, which accounted for a combined total of …

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