๐ฆ๐๐๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐ฆ๐น๐ถ๐ฝ๐ ๐๐ณ๐๐ฒ๐ฟ ๐ญ๐ฒ๐ฟ๐ผ ๐ง๐ผ๐ธ๐ฒ๐ป ๐๐๐ฟ๐ป: ๐๐ฎ๐ป ๐๐๐น๐น๐ ๐ฅ๐ฒ๐๐ฎ๐น๐ถ๐ฎ๐๐ฒ?
๐ What Happened?
For the first time in a long while, Shiba Inu (SHIB) recorded zero token burns in the past 24 hours, according to Shibburn.
โก๏ธ Thatโs a 100% drop in the burn rate โ not a single SHIB was sent to dead wallets.
โWhy It Matters
The SHIB burn is one of the core tools used to reduce supply and help push the price up (just like a stock buyback).
No burning = No supply reduction = ๐ป More price pressure.
โก๏ธ This comes right after SHIBโs marketing lead, Lucie, called on the community to increase burns via Shibarium โ but nothing happened.
โ ๏ธ Price Action & Warning Signs
SHIB has dropped over 8% since June began.
Currently trading around $0.00001190, dangerously close to its key support at $0.000011.
If that support breaks, more downside may follow.
๐ What About Whales?
On-chain data shows:
Whale activity is down (big players are selling).
At the same time, trading volume surged 43.9%, suggesting panic moves or high volatility.
๐ What Does It Mean?
The SHIB ecosystem is facing multiple problems at once:
No burn activity โ supply remains high
Whales selling โ price under pressure
Support level under threat โ could trigger more bearish sentiment
To reverse this trend, SHIB needs community-led burns and strong bullish support to protect key levels.
๐ง Final Thought
Shiba Inuโs price won't recover without restarting burns and regaining investor confidence.
This 0-burn record isnโt just symbolic โ itโs a signal that the community momentum is fading.
