๐ฟ๐ฟ Bad News or Hidden Opportunity for #Shiba Inu Holders? ๐ ๐
๐ฅ Shiba Inu Burns 15 Million SHIB Tokens, Burn Rate Surges 1,868%! ๐ฅ๐ถ๐
In the past 24 hours, over 15 million SHIB tokens were burned, according to Shibburn trackers โ driving a massive 1,868% spike in the burn rate!
This community-driven move aims to increase token scarcity and potentially boost long-term value.
Market Reaction:
โข SHIB price spiked 10% shortly after the burn.
โข Followed by a 5.2% correction, highlighting short-term volatility.
๐ Key Insight:
โข No institutional backing behind the burn โ purely organic community action!
โข Analysts see potential for bigger moves if sentiment strengthens.
๐ฅ Is this just noise, or the setup for SHIBโs next rally?
Stay tuned โ volatility is heating up! ๐ฅ๐
