Shiba Inu's burn hangs on 371 BONE: what investors need to know

Shiba Inu has been burned almost entirely by hand for days. On Saturday the counter at the tracker Shibburn showed zero tokens burned for more than 24 hours, until a single unrelated address sent 20,408,894 SHIB to the dead wallet. The reason for the standstill is not a lack of interest but a threshold of 1,000 BONE that the burn portal ShibTorch has not reached for weeks. It holds 371.37 BONE, worth around $20 at Sunday evening's price. Shiba Inu traded at $0.00000489 on Sunday evening, 0.2 percent above the previous day, with a market value of $2.88 billion.