Amid the not-so-favorable crypto performances, Shiba Burn rate is thrilling the community. The Burn Rate of SHIB token spikes 252% on exciting ecosystem developments.
According to the official website of Shibburn, the burn rate noted an increase of 252% in the past 24 hours, at which just 23,735,647 SHIB tokens were burned.
Moreover, in between this week, litecoin noted the up 27.16% as Whales bought $43.4M in $LTC. The price of Polygon rallied by over 40% in the days before the FTX collapse as it made it to top 10 by market cap, and SHIB token burn rate spikes to 38.4M $SHIB in 24H propelling its price with reduced supply.
On November 24, 2022, Shiba Inu Ecosystem officially announced a treat for Shiba Inu community as an exclusive special from Travala, a crypto-friendly travel platform. The users who book on Travala using SHIB will receive a free $25 Travel Credit to use on any of the more than three million hotels and flights on the website.
Source: https://www.thecoinrepublic.com/2022/11/26/find-here-how-much-shib-token-burn-rate-spikes/