On-chain data tracker Shibburn has reported a massive 20,000,000 Shiba Inu [SHIB] burn transaction, significantly reducing the circulating supply of the token. An anonymous whale executed a burn as part of today’s 20.79 million SHIB burn, increasing the daily burn rate by 34.24%.

Shiba Inu (SHIB) achieved meme coin fame before entering a precarious situation. During the previous week Shibas Inu lost more than 10% of its value as its February market crash exceeded 30%. The cryptocurrency faces imminent danger as two vital support zones exist at $0.

Shiba Inu bulls are nervously prodding the price higher as traders await Friday’s highly anticipated White House crypto summit.

Using current investment capital worth $440 to obtain future gains that exceed $440,000 before two months expire despite market uncertainties with Dogecoin

Mutuum Finance (MUTM) is quickly becoming one of the top performers, set to unseat leading meme coins like Pepe Coin (PEPE) and Shiba Inu (SHIB). At the time of press, Shiba Inu is trading at $0.00001413 and Pepe Coin at $0.

The year, crypto fans have taken a beating with several of the asset-backed tokens, AI coin presales, and the meme coin presales losing billions of dollars cumulatively. Among the most well-known of the now-dominant projects under heightened scrutiny is SHIB,