Despite the ongoing bearish trend, the Shiba Inu (SHIB) meme coin has caught the attention of the crypto world due to a staggering increase in its token burn rate. According to Shibburn, the platform dedicated to tracking the incineration of SHIB tokens, the burn rate surged by nearly 2955% on Tuesday, June 11. Moreover, the The post Shiba Inu Burn Rate Leaps 2955% Amid ETF Talks, Will SHIB Price Recover? appeared first on CoinGape .