Shiba Inu Token Burn Rate Skyrockets by 1600%, Yet Circulating Supply Shows Minimal Change
Published at：2025年07月09日 21:32
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The Shiba Inu (SHIB) community has significantly ramped up its token burning initiatives, marking a strategic push to increase the cryptocurrency's scarcity. Despite the dramatic 1600% surge in daily burn rates, the overall circulating supply of SHIB remains largely unaffected, highlighting the challenges of making a substantial impact on the token's availability through burns alone. This concerted effort underscores the community's commitment to enhancing SHIB's value proposition in the competitive Web3 space.
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Shiba Inu
SHIB
token burn
circulating supply
Web3