SHIB burn rate drops 25% in a day ahead of CLARITY Act vote
- —Daily SHIB burn fell 24.95% to 5.33 million tokens
- —Binance burned 2.357 million SHIB, the largest transaction of the day
- —139.5 million SHIB was burned over 7 days, with the weekly rate up 76.73%
- —Robinhood burned 35.64 million SHIB across 89 transactions, Coinbase 35.59 million
Why it matters: Slowing burns weaken the SHIB deflation narrative, but digital commodity status under the CLARITY Act could open a path to an ETF.
Source: Coin Türk