SHIB Burn Soared! Behind the 100,000% Surge Lies a Dazzling Hidden Danger!

The SHIB burn rate skyrocketed an astonishing 106,000% within 24 hours? Don’t rush, this data is just a superficial showcase; the actual burn amount is merely 15.3 million tokens, far from the market's imagination of being that crazy. In the past day, there were only two large burn transactions, with the largest directly locked into a 'black hole' wallet, completely disappearing.

This wave of 'coin burning frenzy' looks glorious on the surface, but in reality, it is fraught with hidden dangers, and fluctuations and risks could explode at any time.

The SHIB team, however, boasts about their achievements, starting from zero in 2020, launching DeFi, Shibarium, and an automatic burn system, to overwhelming listings on exchanges and metaverse layouts, with limitless ambition.

But don’t be dazzled by the halo; this burn data is just ephemeral. Can it sustain the ecosystem? That remains a big question mark. Investors, don’t just watch the show; be wary of the knife's edge in the wind!