Markets· ★★· neutral·

SHIB Burns Resume With 20.41M Tokens After 24-Hour Pause

  • —A single transaction burned 20.41 million SHIB, ending the pause
  • —Daily burn rate rose 725%
  • —87.64 million SHIB burned in seven days, 693.2 million in 30 days
  • —SHIB fell 3.92% to $0.000004919 amid a broader market selloff
Why it matters: Burns reduce SHIB supply, but one-off transactions do little to shift the demand-supply balance as the wider market sells off.
#SHIB
Source: U.Today
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