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Shiba Inu, its burn rate, and Binance factor to take note of

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Shiba Inu [SHIB]  was the top beneficiary of massive whale action a few days ago as Ethereum [ETH] pumped millions of dollars into the SHIB ecosystem.This series of like-minded decisions proved that the attention toward SHIB did not decline.

Similarly, SHIB burned as many tokens as possible between the end of July and 1 August, leading to a price uptick from $0.0000117 to $0.0000124.Additionally, the SHIB burn rate has also decreased by 18.21% over the last 24 hours.Despite the burn rate decreasing to 34,031,353, SHIB seems to have weathered the storm.

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