๐จ Shiba Inu ($SHIB ) Burn Rate Drops by 90%: Whatโs Next for 2025? ๐จ
The crypto community is buzzing with news about Shiba Inu (SHIB) and its recent burn rate drop by 90%! ๐ฅ While token destruction is designed to reduce supply and increase scarcity, its limited impact on price is raising market skepticism. Hereโs what you need to know! ๐
๐พ Sharp Drop in Burn Rate
Shiba Inuโs burn rate has sharply decreased by 90.69%, signaling a slowdown in token destruction. Despite this, the number of tokens burned weekly has increased by 4.5% year-on-year, showing the communityโs ongoing commitment to reducing supply. However, SHIBโs price is currently hovering around $0.00002167, with overall market sentiment still sluggish, despite a slight 1.69% uptick.
๐ Whale Transactions: Key Player in SHIBโs Market Activity
Large transactions from whales continue to play a significant role in SHIBโs market movements. With whale transactions over $100,000 stable at 938,000, SHIBโs price remains volatile. Though whale interest is steady, it brings market instability, which could suppress price recovery.
๐ฎ 2025 Outlook: Whatโs Ahead for SHIB?
SHIBโs future in 2025 will depend on network development and ecosystem expansion. While whale activity and burning mechanisms offer some liquidity, broad application and real-world use cases are essential for sustained growth. Without this, SHIB faces continued market uncertainty.
๐ก Stay informed and watch the live broadcast to dive deeper into SHIBโs future!
#shibaโก #Write2Earn! #Crypto2025 #BurnRate #WhaleTransactions #SHIBOutlook #CryptoInsights #Binance