Shiba Inu celebrated its sixth anniversary on August 1. The team and community burned over 3.2 billion SHIB tokens in July, representing a 1,395% increase from June. The USD equivalent of the burned tokens is less than $17,000. On July 27 alone, nearly 1.3 billion tokens were transferred to a null address, accounting for nearly 40% of the monthly total. SHIB price rose 10% over the last 30 days, while more than 585 trillion tokens remain in circulation.
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