Shiba Inu Burn Rate Spikes 3401%, Open Interest Rises 20%- Is A SHIB Price Breakout Next?

In the previous 24 hours, Shiba Inu (SHIB) has burned over 6.3 million of its tokens, an increase in its burn rate by an insane 3401%. This bold burning policy has a lot of implications on the scarcity of the token, and could lead to a rise in perceived value by the investors.