In a pivotal move, 30 million Shiba Inu tokens vanished amidst market turbulence. At the same time, Floki Coin experienced a staggering 70% surge in value within 24 hours, signaling a dynamic shift in the cryptocurrency landscape. Shiba Inus Drastic Burn Strategy Triggers Volatility: Market Reacts to Massive Token Reduction This move comes amid a significant price correction for the meme coin, which fell sharply after a recent peak. The Shibburn tracker, which monitors SHIB burn transactions, reported that these tokens were transferred to an unspendable blockchain address in...
source: https://tokenpost.com/Shiba-Inu-Burn-Intensifies-Amid-Market-Downturn-Floki-Coin-Surges-70-11430
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