$SHIB
22,662% surge in $SHIB's burn rate is a major headline — and while it may not cause an instant price spike, it's a strong long-term bullish signal for patient holders.
Key Takeaways:
1. Massive Burn Volume:
37.9 million SHIB burned in 24 hours = deflation pressure ramping up
Driven largely by Shibarium, SHIB's Layer-2 that auto-burns through transaction fees
2. Shibarium’s Impact:
Since Aug 2023: 50+ billion SHIB burned
Makes SHIB's burn rate systemic, not just community-based = scalable deflation model
3. Market Effect:
Price impact remains modest short-term due to the massive supply (still in trillions)
But over time, consistent burns tighten supply, especially if adoption/utility rise
What It Means for SHIB Holders:
Short-Term: Not a moonshot trigger, but strengthens investor sentiment
Mid- to Long-Term: If adoption increases (esp. via Shibarium + DeFi/utility apps), burn rates could meaningfully reduce supply
Psychological Boost: Burn spikes show an active, committed community — crucial for meme token longevity
buy and trade here $SHIB .