303.7 Million SHIB Burned in Last 7 Days as Burn Activity Faces Decline, so Does Price

303.7 million ShibaInu burned over the past week, 20 million $SHIB gone in the past 24 hours shibburn

During the past three days, the second largest meme token by market capitalization, SHIB, has been declining heavily. Since Wednesday, April 19, the price of Shiba Inu has fallen by 11%, printingShiba Inu has been following the crypto leader, Bitcoin, here. Since April 19, the flagship cryptocurrency has lost around 9%, falling from slightly above $30,000 to the $27,210 zone at the moment and going down for the third day in a row.

Besides, the head of the Atlanta Fed Raphael Bostic also shared his expectations that the interest rates would likely be raised in the same way soon.

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