Shiba Inu Burns 600 Million Tokens in One Day

BitcoincomNews

2025-07-29 02:51:23

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Story Highlights* Shiba Inu burns over 600 million tokens in 24 hours, raising community excitement.

SHIB burn rate spikes 16,717%, yet the token's price drops nearly 5% afterward.
A single wallet burned 601 million SHIB tokens, signaling serious long-term commitment.
As of now, SHIB faces resistance at $0.00001407; RSI suggests neutral zone, not strong bullish momentum.

SHIB-2.29%

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