‘Dogecoin Killer’ Shiba Inu’s Burn Rate Skyrockets, DOGE Predicted To Rally This Christmas And More: Top Cryptocurrency Stories This Week
Published by
Benzinga
Benzinga
This week saw a flurry of activity in the world of cryptocurrency. From a sudden surge in Shiba Inu’s burn rate to a prediction of a Dogecoin rally, the crypto space was anything but quiet. Here’s a quick recap of some of the major stories that made headlines. Shiba Inu’s Burn Rate Skyrockets 28,000% Shiba Inu (CRYPTO: SHIB), often referred to as the ‘Dogecoin Killer,’ experienced a notable increase in its burn rate, soaring by a staggering 28,350% on Wednesday. The boost came after more than 6.3 million SHIB tokens were transferred to a dead wallet, as reported by Shibburn, a Shiba Inu burn t…