Get ready for this! The Shiba Inu token (SHIB), which many saw as a mere 'memecoin', just dropped a bombshell that could change the game: its 'burn' rate skyrocketed more than 41,000% in just one day, and all of this while they released their technical report on artificial intelligence from the hands of Shytoshi Kusama, the lead developer! This is no small feat; it's a signal that SHIB is looking to stop being just a joke and get serious.
Here comes the crux of the matter: although the burn percentage sounds huge! (41,016% to be exact in 24 hours), the actual amount of SHIB that was destroyed was about 2.26 million tokens. Compared to the weekly burn, which exceeded 111 million SHIB (thanks to a massive transaction), the daily increase is more a sign of activity and attention than a brutal impact on supply. It's as if the market is saying: 'Hey, something is cooking here!'. 🔥
But what’s really making waves is Kusama's AI technical report. After months of anticipation, we finally have it. And yes, the release coincided with another spike in SHIB's burn rate, showing that the community is super attentive to every move. This document reveals Shiba Inu's ambition to build a system that mixes centralized and decentralized AI. For what purpose? To enhance community involvement and expand the entire SHIB ecosystem, including video games, content creation, and very real uses. Kusama, in his unique style, even dares to say he 'traveled in time' and saw the future. Can you imagine! 🤯
What does this mean for those holding SHIB? Well, look, this is not just a joke currency. The shift towards Artificial Intelligence is a giant step that gives SHIB a much clearer direction and utility. Experts are saying that this move with AI could bring more volatility to the market in the short term, especially with the automated strategies that are coming. But in the long run, this strategy could be just what SHIB needs to stand out in a crowded crypto market.
So, the question is: Can SHIB really deliver what it promises with AI and maintain that burn trend that gives it value? We'll be keeping a close eye! 👀$SHIB
