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In the last 24 hours, nearly 47,000,000 SHIB tokens have been sent to the burn wallet ♻️, triggering a massive 2,300%+ jump in burn rate 📈. Still, the token’s price hasn’t shown any major reaction — and many investors are asking why. 🤔
📉 Current SHIB Price: $0.000013
🔻 24-Hour Performance: -7.29%
💥 Total Burned to Date: Over 395 trillion SHIB 🔥
📦 Still in Circulation: Around 575 trillion SHIB 💰
Even with a significant portion of SHIB permanently destroyed, the circulating supply is still enormous — which makes it difficult for the price to move up sharply unless more factors come into play. 📊
❓ Why Isn’t SHIB’s Price Reacting?
Token burning is a long-term strategy 🕰️ to reduce supply and build scarcity. But supply reduction alone isn’t enough. For prices to truly rise, we need strong demand, real use cases, and community excitement 💡🚀.
Right now, SHIB is lacking that explosive momentum — there’s no massive wave of buying (FOMO) driving the price up. 📉 The foundation is being built, but the spark hasn't hit yet. 🔌
🔍 What’s Fueling SHIB’s Ecosystem Growth?
While price action remains slow, the SHIB ecosystem is expanding behind the scenes:
🔁 Shibarium’s auto-burn mechanism continues to remove tokens with every transaction.
🧩 New NFT projects and DApps are being launched, adding utility and user engagement.
🤝 Strategic partnerships and exchange listings are increasing visibility across markets.
🌐 The community remains strong and active, keeping SHIB relevant in the crypto space.
🚀 Bottom Line: The Burn Is Real — The Boom Is Waiting
The numbers show steady progress — the token supply is shrinking, and the network is growing. But without a major surge in demand and market buzz 🔊, SHIB's price will likely stay grounded for now. 🛬
🔥 The fire is lit… but it hasn’t exploded yet.
Will SHIB catch fire again and surprise the markets?
👀 The #SHIBArmy is alert — and ready for what’s next.
#SHIBARMY 🔺 #crypto ♻️ #Shibarium 🔁 #SHIBNEWS 📰