This is a news story, published by CoinGape, that relates primarily to SHIB news.
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Shiba Inu coinCoinGape
•65% Informative
Shiba Inu burn rate soared 530% today , sparking market optimism among crypto enthusiasts.
Surge follows a period of heightened activity that had briefly waned earlier in the week .
Despite the recent surge, the SHIB price experienced a sluggish trading today .
The recent burn rate spike has led many investors to speculate on a potential price rally for SHIB .
To date, a total of 410 trillion SHIB tokens have been burned from the initial supply.
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