Shiba Inu Token Burning Surges with 260%


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

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

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

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

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