SHIB Token Burns Soar: Meme Coin Community Moves Millions of Coins

The Shiba Inu community has shown significant activity, resulting in a remarkable surge in token burns. Data from Shibburn reveals an increase of 2196.63% in the number of SHIB tokens sent to permanently unspendable addresses over the past day. This comes after a recent wave of transactions totaling nearly one million Shiba Inu tokens were transferred to dead-end wallets.