Data from ShibBurn Wallet Trucker, SHIB’s burn rate has rocketed by a staggering 300 % in the last 24 hours.
With the overall volume of burned tokens being a modest 899,940 SHIB from four transactions, speculations of a potential bull run have been ignited.
The Shiba Inu community is buzzing with excitement after a report from Shib Burn Wallet Trucker, which monitors Shiba Inu burn transactions from Etherscan and displays it on its website, revealed that the SHIB burn rate has surged by a mind-boggling 300% in the last 24 hours.
Excitingly, the overall SHIB burnt volume totaled 899,940 SHIB in 4 transactions. Notably, this significant event happened amidst SHIB’s recovery, which had experienced almost a 9% drop in the last week.
At the time of writing SHIB is changing hands with $0.00001727 marking a 4.26% surge in the past week leading to a $10.17B market cap.
Reminiscing, early this month, Shiba Inu, despite the volatile market conditions, did not deter the token f
