This is a news story, published by CoinGape, that relates primarily to SHIB news.
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impressive monthly SHIB burn rate surgeCoinGape
•63% Informative
Shiba Inu burn rate surges 253,000% in 24 hours , sparking investor interest.
A single wallet has burnt 5.61 billion SHIB tokens in the last 24 hours .
Despite the burn rate surge, an expert issued a stark warning for the investors.
The warning serves as a timely reminder for investors to remain vigilant and avoid falling prey to potential scams.
The burn rate has fueled discussions over its potential impact on SHIB price.
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