Is Shiba Inu Burn a Big Fail? No Impact on SHIB Price

Arrow

Despite record burnings reported by Shibburn, the price of one of the most hyped meme token is plunging heavily.

The DOGE-Killer has lost 87% in value and slightly more in capitalization since the October highs.

The current burn rate is not enough, and many more should be burned than the last record, when 12.6 billion coins were burned.