{"id":"tp-11627","type":"article-newspaper","title":"Shiba Inu's Burn Rate Surges 2200%, Fuels Bullish Sentiment and Speculation on Future Price Gains","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/11627","datePublished":"2024-04-25T02:55:41.000Z","dateModified":"2024-04-25T02:55:41.000Z","language":"en","abstract":"Shiba Inu (SHIB), a well-known meme coin rumored to be the self-proclaimed Dogecoin killer, sparked unbridled jubilation among crypto market traders and investors today, as its burn rate increased by around 2200%.","section":"Business","references":[{"title":"Coingape","url":"https://coingape.com/shiba-inu-coin-shib-burn-spikes-2200-igniting-bullish-sentiments-0-000036-ahead/"},{"title":"Coinglass","url":"https://www.coinglass.com/currencies/SHIB"},{"title":"Microsoft Bing","url":"https://www.bing.com/images/create/shiba-inu27s-burn-rate-surges-2200252c-fuels-bullish-/1-66293552730d4d73a435951f5f6d2cfc?id=dAIHAXT9i2H%2bB2%2fJAYEbiA%3d%3d&view=detailv2&idpp=genimg&thId=OIG2.VXPkRcTKaMkUEVjA00._&FORM=GCRIDP&mode=overlay"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}