๐ฅ๐๐ก๐ฒ ๐๐ฌ ๐๐๐๐๐ ๐๐๐โ๐ฌ ๐๐ฎ๐ซ๐ง ๐๐๐ญ๐ ๐๐จ๐๐ซ๐ข๐ง๐ ๐๐ก๐ข๐ฅ๐ ๐ญ๐ก๐ ๐๐ซ๐ข๐๐ ๐๐ญ๐๐ฒ๐ฌ ๐ ๐ฅ๐๐ญโ
$SHIB โs token burn rate has surged over 100,000% in just 24 hours โ but the price remains relatively unchanged. Here's why:
1. Burning cuts supply, not guarantees price hikes
Reducing circulating tokens doesnโt instantly boost value unless demand keeps pace or grows.
2. Speculation can dampen the burn impact
Traders might sell the news, causing short-term dips despite positive developments.
3. Prices move on more than just supply
Wider crypto market trends, macro events, and large-scale selling can outweigh burn benefits.
4. Burn effects need time
While a reduced supply supports long-term price growth, the impact often unfolds gradually, not overnight.
Conclusion:
SHIBโs burn rate is bullish from a tokenomics standpoint, but meaningful price increases need consistent demand and favorable market momentum. Patience is essential.
