LATEST: Shiba Inu Scorches 8.6 Billion Tokens in Epic Burn, Ignites 727,870% Surge in Daily Burn Rate

The Shiba Inu community has been set ablaze with excitement as a record-breaking 8.62 billion SHIB tokens were burned in six transactions in 24 hours, contributing to a weekly total of 8.65 billion. This massive burn, orchestrated by the SHIB team on Shibarium, led to an astounding 727,870% spike in the daily burn rate. Lucie, a key team member, promises more fiery action, aligning with the team’s strategy of regular massive burns. The market reacted positively, with SHIB’s price jumping 6%, hinting at a bullish trend fueled by these strategic token burns.

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