Shiba Inu Records 466% Increase in Weekly Token Burns Amid 22% Price Decline
Exploring the Dizzying World of Shiba Inu's Recent Market Movements In a surprising twist in the cryptocurrency realm, the Shiba Inu currency, famously known for its dog-themed brand and passionate community, has witnessed a staggering hike in token burns Over the past week, there's been an alarming 466% increase, a bold move aimed at dwindling the number of tokens in circulation and potentially elevating the price However, the expected price surge narrative took a left turn—instead, the coin's value plummeted by 22% during the same timeframe This phenomenon raises eyebrows and triggers a flurry of discussions among investors and market analysts The surge in token burn was anticipated to create a scarcity, thereby boosting the coin's value...
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