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SHIB Burn Rate Hits 6-Month High as Price Barely Moves

2026-07-08 09:45:59

Abstract generation in progress

Shiba Inu's community destroyed more than 117 million SHIB tokens on July 8, the largest single-day burn in six months. Shibburn data shows a wallet linked to Robinhood burned over 109 million SHIB in one transaction.

SHIB-5.21%

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