SHIB Burns Tank 9% While Crypto Market Goes Green
Shiba Inu (SHIB) burn rate takes a nasty hit, dropping nearly 9% even as Bitcoin and other major cryptos bounce back. The meme coin’s key metric is stuck in the red while everyone else seems to be celebrating.
Things are getting weird in crypto land. While most of the market is finally catching a break and turning green, Shiba Inu’s burn rate just took a dive off a cliff. According to Shibburn – the go-to tracker for all things SHIB burning – the second-biggest meme coin’s burn rate crashed by almost 9% in the last day. Talk about swimming against the tide.
SHIB Burns Hit the Skids Despite Market Rally
Here’s what’s going down with Shiba Inu (SHIB): the burn rate…
