Self-proclaimed ‘Dogecoin (CRYPTO: DOGE) killer’ Shiba Inu (CRYPTO: SHIB), has witnessed a 1,800% surge in its burn rate in the last 24 hours. What Happened: Shibburn, a Shiba Inu burn rate tracker, revealed that over 27 million SHIB tokens were permanently from the actively traded supply. This decrease in active supply is attributed to an anonymous party who transferred 25 million SHIB tokens to a dead address, permanently taking them out of circulation. This comes as Shiba Inu’s ecosystem is undergoing developments, including a new strategy aimed at accelerating the elimination of tokens. “S…
