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SHIB Burn Frenzy: 15 Million Tokens Gone, But Price Still Drops!
In the last 24 hours, Shiba Inu has burned 15,209,808 SHIB tokens, causing the burn rate to skyrocket by 1,868%!
Even with this big burn, SHIB's price still dropped by 5.2%, right after a short 10% price pump.
Key Stats:
Burned Tokens: 15.2 Million SHIB
Burn Rate Increase: +1,868%
Current Price: $0.00001444
Quick Tip:
Burning reduces token supply, which can help prices rise. But in reality, price changes also depend on market sentiment and demand.
What do you think?
Can this burn strategy really help boost SHIB’s value in the long run?