Shiba Inu (CRYPTO: SHIB) has underperformed Dogecoin (CRYPTO: DOGE) over the past month, with a 3% decline compared to DOGE’s 5% gain over the past 30 days.
Burn Rate Spikes
Shibburn data shows over the past 24 hours the ecosystem reported a spike of 1,034.8% in its burn rate as one single transaction involved the burning of 25.04 million SHIB.
Over the last 30 days, Shibarium removed 198.2 million SHIB although unable to create a supply scarcity …