Shiba Inu News: 1.3 Billion SHIB Burned This Week—Why Is Price Still Falling?

The post Shiba Inu News: 1.3 Billion SHIB Burned This Week—Why Is Price Still Falling? appeared first on Coinpedia Fintech News

Dog-themed cryptocurrency Shiba Inu (SHIB) community has turned up the heat again, burning more than 1.3 billion SHIB tokens in just seven days. While weekly burn activity showed a modest rise, daily burn rates skyrocketed over 4,000%, thanks to a surprise whale move. But despite all this, SHIB’s price saw a 3.4% dip after a …