{"id":"tp-13357","type":"article-newspaper","title":"Shiba Inu Burn Rate Explodes by 3674%, Boosting Market Optimism as SHIB Gains Traction","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/13357","datePublished":"2024-11-07T02:07:26.000Z","dateModified":"2024-11-07T02:07:26.000Z","language":"en","abstract":"On November 6, Shiba Inu saw a 3674% increase in its burn rate, with 53.31 million SHIB tokens removed from circulation. This massive burn, spearheaded by a single address, has lifted market sentiment, suggesting posi…","section":"Business","references":[{"title":"Shibburn","url":"http://www.shibburn.com/"},{"title":"Coingape","url":"http://coingape.com/shiba-inu-burn-rate-rockets-3700-sparking-optimism-shib-to-hit-2/"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}