Shiba Inu (SHIB) Burn Rate Skyrockets 821% in the Last 24 Hours

Shiba Inu, a popular meme token associated with the Shibarium network, has seen an unprecedented 821% jump in its burn rate over the past 24 hours.

Per stats from Shibburn.com, 79 million SHIB tokens were burnt by different investors during the period. A further look at the data indicates that most of the tokens were burnt by just about 3 wallets.