More than 33 million SHIB meme coins were burned during the day

The Shibburn tracker presented data indicating that approximately 33.01 million Shiba Inu meme coins were taken out of circulation in a day.

This is a 1550% increase compared to usual. The sharp reduction suggests a potential rise in the price of the Shiba Inu meme coin. Currently, the meme coin is trading at a price of $0.00002287. The asset has risen by 0.40% in the last 24 hours. The trading volume also increased by 5.96%, reaching $479.25 million, indicating strong interest in the meme coin from market participants.