9,614,765 SHIB Tokens Destroyed in Hours as Key Metric Soars 3464%
Main Idea
The Shiba Inu (SHIB) token burn rate surged by 3,464%, with 9,614,765 SHIB destroyed in 24 hours, sparking community attention and a 4% price increase.
Key Points
1. 9,614,765 SHIB tokens were burned in the last 24 hours, causing a 3,464% spike in the daily burn rate.
2. Shiba Inu's price increased by 4% in 24 hours, reaching $0.00001258 amid broader crypto market growth.
3. 23,317,751 SHIB were burned in the past seven days, following a prior week's 16,855.93% single-day burn rate increase.
4. A total of 410,752,089,360,220 SHIB have been burned, with 584,612,601,558,519 SHIB remaining in circulation.
5. Shiba Inu faces resistance at the daily SMA 50 ($0.00001267) and SMA 200 ($0.00001375), with potential for an uptrend if surpassed.
Description
SHIB price reversed into green alongside surge in metric
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