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Ethereum World News 2022-08-25 18:05:38

Shiba Inu (SHIB) Holders See Weekly High As Token Burn Hits 40% Of Supply

Summary: Meme coin Shiba Inu surged as much as 9% on Thursday. Hodlers of the popular crypto recorded gains supposedly triggered by the crypto’s token burn system. The burn rate surged with over 110 million tokens burned in the last 24 hours. Around 40% of the total supply has been burned. Thursday’s price surge also recorded a weekly high for the meme coin. Leading meme crypto Dogecoin also saw an uptrend in price following Shib’s surge. The second largest crypto […]

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