$SHIB $SHIB
SHID Current Price: $0.00001422
Change: +2.52%
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SHIB Burn Frenzy: 15 Million Tokens Destroyed, Yet Price Still Slips!
Over the past 24 hours, a total of 15,209,808 SHIB tokens were burned, sending the burn rate soaring by 1,868%!
Despite this massive burn, SHIB's price fell by 5.2%, right after experiencing a brief 10% price jump.
Key Highlights:
Tokens Burned: 15.2 Million SHIB
Burn Rate Surge: +1,868%
Latest Price: $0.00001444
Quick Insight:
While burning tokens cuts supply and can support price increases, real price movements depend heavily on overall market sentiment and demand.
Your Thoughts:
Do you think SHIBโs burn strategy will eventually drive its price higher?