The recent surge in the burn rate of Shiba Inu (SHIB) tokens has been nothing short of remarkable. Just last week, a single wallet holding 247 million SHIB tokens was burned, causing the burn rate to skyrocket by an astonishing 1500%. The SHIB token is a decentralized finance (DeFi) token created on the Ethereum network The post Shiba Inu Burn Rate Rises Up To 1600% As Single Wallet Burns 247 Million SHIB appeared first on Times Tabloid .