In the past 24 hours, the Shiba Inu (SHIB) community has burned a staggering 15,209,808 #SHİB tokens, resulting in an impressive 1,868% surge in the burn rate. Despite this aggressive reduction in circulating supply, SHIB’s price experienced a 5.2% decline, even after an initial short-term rally of approximately 10%.



  • Total Burned: 15.2 Million SHIB


  • Burn Rate Increase: +1,868%


  • Current Price: $0.00001444


Market Insight:

While an increase in the burn rate effectively reduces token supply, it is important to note that price movements are primarily influenced by broader market sentiment and actual demand dynamics. Simply burning tokens does not guarantee immediate price appreciation.


Looking Ahead:

The critical question remains: Will Shiba Inu's ongoing burn strategy contribute to a sustainable long-term increase in value? Only time — and market participation — will tell.


#Binance #BinanceAlphaPoints ##SHİB



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