After Shiba Inu Coin Burnout What Happened?

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As you know, Shiba Inu Coin is a decentralized cryptocurrency Inspired by Dogecoin, Shiba Inu is on the second largest Ethereum blockchain in the world.

Why are Shiba Inu coin burn?

Ethereum co-founder Vitalik Buterin burned over 410 trillion Shiba Inu coins at launch, or 90% of the coin held, and another 50 trillion, or 10%, was donated to the foundation for COVID -19 in India, as a result of this incident two weeks later, the price of the coin rose almost 20%.

Recently, developers burned $25,000 for both SHIB and LEASH, with another burn on August 11 increasing the price of the coin by 20%.

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