SHIB Burns Soar 11,899% Amidst Crypto Market Surge

The Shiba Inu (SHIB) ecosystem saw a significant surge in burn activity as the SHIB burn tracker recorded an astonishing 11,899% increase over the past day. This rapid decline in circulating supply was driven by multiple large-scale burns conducted anonymously via whales on the platform. Experts attribute this massive burn to recent bullish market trends fueled by Bitcoin’s new all-time high.