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Shiba Inu Burn Rate Spikes 3401%, Open Interest Rises 20%- Is A SHIB Price Breakout Next?

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July 18, 2025
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Shiba Inu Burn Rate Spikes 3401%, Open Interest Rises 20%- Is A SHIB Price Breakout Next?
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In the previous 24 hours, Shiba Inu (SHIB) has burned over 6.3 million of its tokens, an increase in its burn rate by an insane 3401%.  This bold burning policy has a lot of implications on the scarcity of the token, and could lead to a rise in perceived value by the investors.  SHIB Open

The post Shiba Inu Burn Rate Spikes 3401%, Open Interest Rises 20%- Is A SHIB Price Breakout Next? appeared first on CoinGape.

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