Shiba Inu Community Burns Over 1.3B SHIB in a Week, Yet Price Fail To Surge

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The post Shiba Inu Community Burns Over 1.3B SHIB in a Week, Yet Price Fail To Surge appeared first on Coinpedia Fintech News Dog-themed cryptocurrency Shiba Inu (SHIB) community has turned up the heat again, burning more than 1.3 billion SHIB tokens in just seven days. While weekly burn activity showed a modest rise, daily burn rates skyrocketed over 4,000%, thanks to a surprise whale move. But despite all this, SHIB’s price saw a 3.4% dip after a recent spike. So, what’s behind this massive bu...