Shiba Inu token burning has drastically slowed, dropping nearly 99%, coinciding with a historically large cryptocurrency market liquidation.

Significant Crypto Market Losses

The cryptocurrency market experienced a substantial downturn, resulting in a loss of $19.38 billion. This decline reflects a broader trend of volatility within the digital asset space.

Impact on Shiba Inu (SHIB)

The Shiba Inu (SHIB) metric saw a notable plunge, indicating a significant decrease in its value during this market correction.