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recent Shiba Inu burn rate surgeCoinGape
•Business
Business & Economics
63% Informative
Shiba Inu burn rate surged 800% on Monday amid a broader crypto market downturn.
Roughly 6 million tokens were removed from the meme coin’s circulating supply in the past 24 hours .
Meme crypto market wanes ahead of the January 29 FOMC, with market participants reflecting a cautious approach to risk assets.
The meme coin's marketing lead, LUCIE , has taken to X amid the market crash, stating that “ The Shib Ecosystem is still building strong”.
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