BTCC
/
BTCC Square
/
TheCurrencyAnalytics
/
Shiba Inu Torches Supply at Record Pace—Burn Rate Rockets 2,408% as Markets Churn
Shiba Inu Torches Supply at Record Pace—Burn Rate Rockets 2,408% as Markets Churn
12
2
Memecoin madness hits hyperdrive as Shiba Inu's token destruction mechanism goes into overdrive. The 2,408% surge in burn rate coincides with wild price swings—because nothing says 'sound monetary policy' like algorithmic arson during a volatility storm.
Traders watch the flames rise while 'fundamentals' take another smoke break. At this rate, the only thing burning faster than SHIB tokens might be overleveraged degens.
By:
