Massive SHIB burn leads to 10% price rise, with SHIB reaching $0.00002451.

From Investing.com
January 4, 2025 7:30:19 pm:

The SHIB burn rate has spiked by an impressive 2,133% in the last 24 hours, with a total of 34,312,733 SHIB removed from circulation through six burn transactions. Shytoshi Kusama, the lead behind SHIB, announced a temporary hiatus to focus on launching a new token and completing important papers.

Following the significant burn, the price of SHIB surged by 10% overnight, reaching $0.00002490 before settling at $0.00002451. This increase coincided with a rise in Bitcoin’s price, which briefly reached $98,950 before retracing to $97,950. Kusama also teased upcoming projects and a podcast series for the SHIB community in 2025.

Read more at Investing.com: Massive 2,133% SHIB Burn Jump Followed by Surprising 10% SHIB Rise By U.Today