Millions of Shiba Inu (SHIB) tokens burned weekly, down from previous levels SHIB $SHIB ShibArmy SHIBCommunity
In the last 24 hours, the amount has remained significant, with 45,125,167 SHIB tokens burned in eight transactions. The Shiba Inu burn rate, however, remains down 87.33% in the last 24 hours.After the massive sell-off in the past day, Shiba Inu has shown a rebound of about 11%. At the time of writing, SHIB was up 6.87% in the last 24 hours to $0.0000068.
The previous day, Shiba Inu saw a massive sell-off, dropping 21% to lows of $0.00000549. This is because the crypto market saw immense selling pressure as a result of the SEC crackdown, with most altcoins seeing significant losses of up to 25% before rebounding slightly. As uncertainty and quietness remain in the market, Lucie, a Shiba ecosystem official, has shared the reassuring words of the Shiba Inu lead, Shytoshi Kusama.
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