#SHIBA The Shiba Inu (SHIB) burn rate has unexpectedly dropped by 79.89% in just 24 hours, raising worries about its impact on the meme coin's future. The burn mechanism, crucial for SHIB's deflationary strategy, saw a significant decline, with only 8,258,774 SHIB coins burned compared to over 49 million previously. This decrease in burn rate, coupled with a drop in SHIB's price, reflects a negative shift in market sentiment. Despite analysts' bullish outlook, the community's enthusiasm seems subdued. If the burn rate continues to fall, it may undermine confidence in SHIB's deflationary narrative. However, some experts predict a potential surge in SHIB's price to $0.000035, citing strong upward momentum and a historical accumulation zone. Despite challenges, Shiba Inu remains a topic of interest in the crypto market...
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