SHIB burn skyrockets by 57 times! The deflation frenzy sweeps the crypto circle
$SHIB presents a grand performance of "burning money in the crypto circle"! A single day burned 26.24 million tokens, with the burn volume surging by 5762% in one day, equivalent to burning 18,000 tokens every minute! Although the weekly burn volume decreased by 19.5% compared to the previous week, this wave of deflationary action still ignited excitement in the market.
In terms of price, SHIB demonstrates its "tough guy" nature: it only dropped 2.1% in 24 hours, with a weekly decline of less than 2%, managing to show independent performance amidst a generally sluggish crypto market. Even more bizarrely, on-chain transaction volume plummeted from 25.77 trillion to 1.14 trillion, as if the whales collectively hit the pause button.
The current market is turbulent: weak employment data and volatile global stock markets, yet SHIB has started a "burning competition" against the trend: this may be the main capital quietly accumulating, and after the macroeconomic bearish factors are exhausted, the hundreds of millions of tokens that have been burned may trigger a new round of explosive growth. The deflationary logic combined with the control of market makers, the SHIB ecosystem is brewing a stunning upheaval!
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