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$SHIB adds more than 5% after burning over 8.5B Tokens
$SHIB, the main token of the Shiba Inu ecosystem, is up more than 5% in the past 24hours, & now trades around $0.000011176, with inflow of $16.62M, as per Gate.io chart.
This comes after the Shiba Inu Team recently Burned an additional 8.5 billion $SHIB. Recent Data from Shibburn reveals that a massive token burns over 8.5 billion $SHIB was recorded on Friday, December 22, 2023, on Shibarium during transaction, marking the fourth burn, with Shibarium using a huge amount of its gas fees to curb the circulating supply of $SHIB.