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Shiba Inu Burn Rate Spikes But Price Continues To Tank – Here’s Why

By Eli Dambel at 2026-05-02 07:15

Sentiment: Negative

The Shiba Inu community has continued its burning transactions in the past few days. Recently, more than 27 million SHIB tokens entered the dead wallet in six transactions. Shibburn data shows that one wallet burned 15 million out of the total tokens. Related Reading: Crypto Scammers Allegedly Used Artificial Intelligence And Actors To Trick Investors […] Continue reading...

Categories: Shiba Inu

Tags: #Shiba Inu #binance #crypto #SHIBUSDT #Token Burn

Source Bitcoinist