The burning rate of Shiba Inu has surged by 1411%.

Ritu13

Inspired by memes, the cryptocurrency Shiba Inu (SHIB) has experienced a significant 1411% surge in burning rate over the past 24 hours, leading to the cessation of 61 million SHIB tokens from circulation. This remarkable increase could potentially result in the removal of one zero from its price. As of the time of writing, the price of SHIB has risen by 3.89%, trading at $0.000009323, with a market capitalization reaching $5.4 billion. Other meme coins like Dogecoin (DOGE) and Bonk have also demonstrated strong performances. Please note that the above text has been condensed to convey the essential information within 300 words.

Kalkin995

Is the burning real, or is it a borrowed term?

Kahn332

That's a commendable performance.

Jatin255

The surge is quite substantial.

Jiger955

The magnitude of the surge is indeed significant.