Shiba Inu Burn Rate Spikes 14,500%, But: Market Is 'Heavily Manipulated, Not Even Elon Can Pump Doge,' Says Marketing Lead

Shiba Inu's (CRYPTO: SHIB SHIB - $0.000014079657983 relatively flat performance over the past week and month is accompanied by consistently rising burn rates. What Happened: The burn rate has skyrocketed by 14,506.9% thanks to a burn transaction of 25 million coins around 17 hours ago, according to Shibburn data.

Source: benzinga.com

Related symbols: DOGEUSD

2024-09-17 12:23:04 GMT.

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Price & Market Data

Price: $0.000014079657983

Volume 24h: $263,909,385.68

Market Cap: $8,296,713,113.77

Description

Shiba Inu (SHIB) is a cryptocurrency and operates on the Ethereum platform. Shiba Inu has a current supply of 589,518,419,021,203.6 with 589,269,506,655,882 in circulation. The last known price of Shiba Inu is 0.00001408 USD and is up 4.66 over the last 24 hours. It is currently trading on 876 active market(s) with $261,242,619.48 traded over the last 24 hours. More information can be found at https://shibatoken.com/.