The Shiba Inu network is regaining momentum after weeks of dormancy. The SHIB burn rate surged by over 618% in 24 hours, with 11.35 million SHIB removed from circulation. This marks the highest number of tokens burned since July 27. Over the past month, 3.35 billion SHIB, worth over $17,000, have been destroyed. Despite this increased activity, SHIB remains below $0.000005, down 5.11% in August.
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