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Shiba Inu Burn Rate Jumps 957.9% as SHIB Falls to Yearly Low
Shiba Inu declined approximately 4% over the past 24 hours while its burn rate surged 957.9%, with over 11.3 million SHIB tokens removed from circulation, data show. The token reached a yearly low despite T. Rowe Price filing for the first U.S. spot Shiba Inu ETF. Daily trading volume has held around $100 million.