Shiba Inu burn rate skyrockets over 6000% igniting hopes for a future SHIB rally as data from Shibburn revealed over 10 million SHIB were burnt the past day. A whopping 8.56 million SHIB was burnt alone by an address via a couple of transactions. Despite the broader market plunge, SHIB’s price witnessed an unexpected surge due to the jump in its burn rate. Currently, Shiba Inu is up by 2.95% and is trading at $0.00001729. 

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