Shiba Inu has seen a significant drop in its burn rate over the past week, with the community collectively destroying 305.77 million SHIB through multiple transactions. This represents a 90.11% decrease compared to the previous week when 1.91 billion SHIB were removed from circulation. In the past 24 hours, 19.17 million SHIB were burned through four separate transactions, representing a 103.99% increase from the previous day. Shiba Inu has also claimed the top spot on CoinSwitch's most traded cryptocurrency list, surpassing Bitcoin, Ethereum, and Dogecoin. Certik, a well-known blockchain security company, has acknowledged Shiba Inu's remarkable evolution from a meme token to a thriving decentralized ecosystem and has given it an exceptional security score of 94.30.
(By ZABI)
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