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Altcoins & DeFi

Rare $0 Shiba Inu Burn in 24 Hours as Burn Rate Collapses 100%

Image: U.Today

Dog-themed cryptocurrency Shiba Inu has seen a rare pause in its token-burning activity, with no SHIB reportedly burned over 24 hours as the burn rate plunged by 100%. According to the Shibburn website, $0 worth of SHIB was burned in the last 24 hours, with the Shiba Inu burn rate collapsing by 100%. This marked a sharp contrast from the day before, when 91,120,170 SHIB was burned, with the burn rate skyrocketing 182,140%. The reported zero-burn period means that no tokens were sent to burn addresses during the measured window.

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