Shiba Inu Token Burning Surges with 260%

Shiba Inu tokens have experienced a surge in burning by the community.

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The burn rate increased by approximately 260% in the previous 24 hours.

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The SHIB army burnt nearly 7,244,256 Shiba Inu tokens.

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The forthcoming shibarium launch could be the reason behind the surge.

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Many meme coin enthusiasts believe that the launch of layer 2 blockchain may help them burn more SHIB and boost the burn rate.

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