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Shiba Inu's token burn rate plunges to just $2 in 24 hours amid cooling crypto market.

Protocol Fundamentals
26 May 2026
UToday
View Source
Bearish
pluang ai news

Shiba Inu's token burn rate has sharply declined, with only $2 worth of SHIB tokens burned in the last 24 hours, marking a 79.5% drop from previous levels. This slowdown reflects reduced trading activity and lower transaction volumes in the broader crypto market, which impacts the ecosystem's burn-related fees. Over the past week, the burn rate also fell by over 82%, despite a slight 11% increase in monthly burns. The cooling momentum comes as investors await key economic data and Federal Reserve decisions that could influence market direction.

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