Okay, so there is a special computer money called Shiba Inu or SHIB for short. People who have this money can send it to a place where they cannot use it anymore, kind of like throwing away something you don't need. This is called burning and it makes the amount of that money smaller. When people burn more of it, it means they really believe in its value and want others to think so too. Recently, many people have been burning SHIB a lot, making the number go down by almost 250%. This happened because a big place where people trade computer money, called Coinbase, started letting them trade a special kind of bet on the price of SHIB going up or down. When these bets started, more people became interested in buying and burning SHIB. Read from source...

- The title is misleading and sensationalist, implying that Shiba Inu is a direct competitor or replacement for Dogecoin as the 'Dogecoin Killer', which is not accurate or supported by evidence.
- The article uses terms like 'popular memecoin' and 'perpetual futures' without explaining what they mean, assuming the readers already have prior knowledge of these concepts, which may confuse or alienate some audiences.
- The article does not provide any context or background information on why Shiba Inu is experiencing a spike in burn rate, such as the reasons behind coin burning, the purpose or motivation of the token holders, and how it affects the overall market performance and sentiment of the cryptocurrency.
- The article focuses mostly on the technical aspect of the burn rate, without discussing the implications or consequences for the Shiba Inu community, investors, traders, or adopters, such as the impact on price, volatility, liquidity, demand, supply, and adoption.
- The article mentions the listing of Shiba Inu perpetual futures on Coinbase, but does not elaborate on what this means for the token or the platform, how it compares to other similar products, and whether it is a positive or negative development for the project.

🐶 Positive